Productivity in the Netherlands

Productivity in the Netherlands
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Volume/Issue: Volume 2020 Issue 155
Publication date: August 2020
ISBN: 9781513552484
$18.00
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Topics covered in this book

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Labor , Economics- Macroeconomics , Public Finance , WP , productivity growth , productivity-enhancing investment , high-productivity mining , low-productivity sector , capital section , productivity slowdown , Productivity , Labor markets , Employment , Information technology in revenue administration , Global , labor-market duality

Summary

Although GDP growth in the Netherlands has recently been stronger than in peer countries, the main contributor has been the growth in labor. If GDP is divided by labor, productivity growth appears to have been slower than in peers. This chapter discusses both exogenous and endogenous factors behind the disappointing productivity growth in the Netherlands and derives policy implications.