Productivity in the Netherlands
IMF Working Papers, August 7, 2020
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- Productivity in the Netherlands
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Bibliographic details
- Authors: Sakai Ando
- Published: August 7, 2020
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781513552484.001
Overview
- Title: Productivity in the Netherlands
- Author: Sakai Ando
- Date: August 7, 2020
- Summary (from source): 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.
Key findings
- GDP growth in the Netherlands has recently been stronger than in peer countries.
- The main contributor to recent GDP growth has been the growth in labor.
- When GDP is divided by labor, productivity growth appears to have been slower than in peers.
- The chapter analyzes both exogenous and endogenous factors behind the disappointing productivity growth.
- The chapter derives policy implications based on that analysis.
Factors analyzed
- Exogenous factors: (discussed in the chapter as per source).
- Endogenous factors: (discussed in the chapter as per source).
- Sectors and themes referenced: capital section; high-productivity mining; low-productivity sector; information technology in revenue administration; productivity-enhancing investment; labor-market duality.
Policy implications (as derived in the chapter)
- The chapter derives policy implications addressing the disappointing productivity growth in the Netherlands (specific recommendations are presented in the chapter).
Content in this bundle
- Working Paper