Trends and Drivers of Productivity Growth in Latvia

dc.contributor.authorBaranova, Daira
dc.date.accessioned2021-02-23T07:30:44Z
dc.date.available2021-02-23T07:30:44Z
dc.date.issued2019
dc.descriptionProceedings of the 11th international scientific conference "New Challenges of Economic and Business Development – 2019: Incentives for Sustainable Economic Growth" organized by the Faculty of Business, Management and Economics (University of Latvia), 16 - 18 of May, 2019.en_US
dc.description.abstractDesigning policies to rise in productivity and understanding global challenges affecting the growth is an important current issue. Trends and drivers of productivity growth continue to be a key theme for researchers and policy makers. Productivity growth has generally slowed over past decade. OECD, IMF, World Bank, the European Commission deal with different aspects of productivity. The research aims are to analyse foundations of productivity measurement and causes of actual trends, policies fostering productivity growth and promoting sustained economic growth. The research consists of two parts. In the first part, review of research papers on productivity has been done. The OECD methodology of productivity measurement and relations between structural reforms and productivity growth is the focus of this part. Second part of the research deals with trends and causes of the current situation. The problem of productivity growth in Latvia and in the EU is analysed based on empirical data and calculations. This part of the research is also dedicated to economic policy fostering productivity growth. Results of the paper find different factors with negative impact on productivity, and factors with positive impact on productivity. Effects on productivity depend on the purpose of productivity measurement as well as on impact on productivity in the short-run or in the long-run.en_US
dc.identifier.isbn978-9934-18-428-4
dc.identifier.urihttps://dspace.lu.lv/dspace/handle/7/54105
dc.language.isoengen_US
dc.publisherUniversity of Latviaen_US
dc.relation.ispartofseriesNew Challenges in Economic and Business Development – 2019: Incentives for Sustainable Economic Growth : Proceedings of the 11th international scientific conference;
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectproductivity growthen_US
dc.subjectlabour productivityen_US
dc.subjectproductivity measuresen_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCES::Business and economicsen_US
dc.titleTrends and Drivers of Productivity Growth in Latviaen_US
dc.typeinfo:eu-repo/semantics/articleen_US
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