Rachel Griffith, Heike Harmgart, 03 April 2008

The UK retail sector’s performance has been disappointing compared to the United States, where significant productivity gains are attributed to greater dynamism. A number of analysts have blamed the UK’s woes on planning regulation and urged liberalisation. But the evidence presented in this column shows that the impact of planning regulation is overstated.

Michael Burda, 23 July 2007

Germany has finally gotten aboard the train of labour market, supply-side oriented reforms initiated by Europe’s success stories -- Netherlands, Denmark, Ireland, and the UK. Italy and France would do well to follow suit

Nicholas Bloom, Raffaella Sadun, John Van Reenen, 17 July 2007

It has taken a long time to confirm that computers boost productivity. The key seems to lie in management and internal organisation. That’s why IT has helped US firms so much more than their European counterparts.

Nicholas Bloom, Raffaella Sadun, John Van Reenen, 12 July 2007

US firms typically have better management practices than their European counterparts. This ‘management gap’ has a direct impact on productivity differences. Policies on competition, labour market flexibility and education are key to closing the gap.

Nicholas Bloom, Raffaella Sadun, John Van Reenen, 13 May 2007

The US has experienced a sustained increase in productivity growth since the mid-1990s which has not been mirrored in Europe. The majority of this growth has occurred in sectors that either intensively use or produce IT, but while the IT-producing sectors in Europe have matched the growth of their US counterparts, the IT-using sectors (particularly retail, wholesale and financial services) have not.

Shang-Jin Wei, 16 June 2007

Data on 12,400 firms in 120 Chinese cities show that state-owned firms have lower marginal returns to capital than private or foreign firms. This inefficiency costs China 5% of its GDP and suggests there would be big gains to further financial and corporate-governance reforms.

Neil Gandal, Charles King, Marshall Van Alstyne, 23 April 2007

There has already been evidence suggesting that information technology (IT) makes significant contributions to productivity; the authors of CEPR DP 6260 explore its impact on individual users in a white-collar setting.

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