Labor Productivity Dynamics in Spain: A Firm-Level Perspective

Released on by Mr. Nicolas Arregui
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  • Labor Productivity Dynamics in Spain: A Firm-Level Perspective Book Detail

  • Author : Mr. Nicolas Arregui
  • Release Date : 2023-01-20
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 24
  • ISBN 13 :
  • File Size : 84,84 MB
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Labor Productivity Dynamics in Spain: A Firm-Level Perspective by Mr. Nicolas Arregui PDF Summary

Book Description: This paper uses firm-level data that covers over 1.2 million Spanish firms during the period of 2003-2019 to provide an updated assessment of the drivers of labor productivity in the Spanish economy, focusing on both TFP and firm investment. The empirical analysis shows significant differences in production constraints in both the capital market and the labor market, across firm size and age. This paper also includes a review of Spain’s ambitious reform commitments under the Recovery, Transformation and Resilience Plan and concludes with recommendations for further action.

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