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|c 5.00 USD
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|z 9781513594675
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b European Dept.
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|a Israel :
|b Selected Issues.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (69 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This Selected Issues paper examines labor productivity in Israel. Israel's GDP per capita is low relative to the United States despite high labor input, as labor productivity is low. Catch-up of labor productivity to the United States stopped in the 1980s and relative labor productivity has since declined. Low labor productivity is the result of a low capital-to-labor ratio-kept low by high employment growth-and low total factor productivity growth. The latter may reflect lack of competition and product market restrictions, which are among the highest in advanced economies. Boosting competition, lowering product-market restrictions, and improving the quality of education and infrastructure would help boost productivity.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2015/262
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2015/262/002.2015.issue-262-en.xml
|z IMF e-Library
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