Productivity Dynamics in Emerging and Industrialized Countries

The world, of late, has seen a productivity slowdown. Many countries continue to recover from various shocks in the macro business environment, along with structural changes and inward looking policies. In contemporary times of growth slumps, various exits and protectionist regimes, this book engages with the study of productivity dynamics in the emerging and industrialized economies. The essays address the crucial aspects, such as the roles of human capital, investment accounting and datasets, that help understanding of productivity performance of global economy and its several regions. This book will be of interest to academics, practitioners and professionals in the field of economic growth, productivity and development studies. This will also be an important reference on empirical industrial economics in both India and the world.

Deb Kusum Das teaches at Ramjas College, University of Delhi. His research fields are productivity and growth in India; jobs and labor market, and empirical international trade. He received the EXIM Bank IEDRA Award 2004 for his doctoral dissertation, "Some Aspects of Productivity and Trade in Indian Industry". He holds a PhD from Delhi School of Economics and has studied at Delhi School of Economics and St Xavier's College, Kolkata. He is the co-founder of South Asia Economics Students Meet - a platform for undergraduate economics students of South Asia. He is also associated with ICRIER (Delhi) as an external researcher.

Introduction PART 1 Productivity and World Economy: New Insights 1. The Growth of the World Economy 2. Productivity in the Global Economy 3. Productivity Growth in Asia and its Country Origins 4. Latin America: Economic Growth and Productivity since the 1990s 5. Human Capital Productivity 6. Global Growth Accounting: The Role of Shifting Investment Patterns PART II Productivity and Growth - Country Experiences 7. Labor Productivity and a Test of Kaldor-Verdoorn Law in East Asia 8. Declining Rate of Return on Capital and the Role of Intangibles in Japan: An Empirical Study Using Japanese KLEMS (JIP) Database 9. The Industry-Level Productivity of Taiwan in 1981-2010: Evidence from Taiwan KLEMS Database 10. Total Factor Productivity and the Sources of Singapore's Economic Growth: Measurement, Insights, and Projection 11. Russia since 1995: Natural Gas, Catching Up and Informality 12. Accounting for the Role of Information and Communication Technology in China's Productivity Growth 13. Source of Growth and Structural Changes in the Indian Economy since 1980 14. Productivity Slowdown in Brazil 2000-2013: General Performance and Sectoral Contributions. 15. Argentina Growth Failure: An Overview from ARKLEMS+LAND Growth and Productivity Accounts 16. Determinants of Total Factor Productivity in Mexico: 1991-2014. 17. What Do We Know About Productivity in Arab Economies: The Challenges of Generating Multifactor Productivity (MFP) Estimates at Industry Level. PART III India in the New Global Order: A Productivity Perspective 18. Dynamics of Labor Productivity in Indian Industry: 1980-2011 19. Total Factor Productivity in Indian Organised Manufacturing: The Story of the Noughties 20. A State-Level Perspective of Productivity Growth of Indian Organized Manufacturing Sector 21. Size and Productivity in Indian Manufacturing Sector 22. The Challenges of "Make in India": Does the Investment Climate Matter for Firm Performance?