Paths of Productivity Growth in Poland : A Firm-Level Perspective

After a long period of economic transformation that included introducing a series of market-oriented reforms and joining the European Union (EU), Poland was one of the fastest-growing economies in the world by 2020. This report investigates differe...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099235002102240024/P17424902ef0460db083a002cec248affd7
http://hdl.handle.net/10986/37047
id okr-10986-37047
recordtype oai_dc
spelling okr-10986-370472022-03-02T05:10:32Z Paths of Productivity Growth in Poland : A Firm-Level Perspective World Bank PRODUCTIVITY MANUFACTURING PRODUCTIVITY SERVICES PRODUCTIVITY CONSTRUCTION PRODUCTIVITY RESEARCH AND DEVELOPMENT After a long period of economic transformation that included introducing a series of market-oriented reforms and joining the European Union (EU), Poland was one of the fastest-growing economies in the world by 2020. This report investigates differences in productivity dynamics across economic segments and attempts to derive policy recommendations to improve the Polish economy’s productivity performance. First, the authors estimate firm-level total factor productivity (TFP), compute labor productivity indices, and analyze the main productivity patterns between 2009 and 2019. Second, the authors decompose aggregate productivity performance into the within, between, and net entry components using the Melitz Polanec decomposition method to understand the underlying response behind the observed productivity growth in Polish sectors and industries. The efficiency of resource allocation (measured by the between effect) worsened over time in manufacturing and was responsible for the sector’s productivity slowdown while allocative efficiency gains improved productivity performance in construction and services. To boost Polish productivity, the empirical evidence provided in the report indicates certain areas for policy actions as well as a few directions for necessary further investigation. 2022-03-01T22:19:37Z 2022-03-01T22:19:37Z 2021-10-31 Report http://documents.worldbank.org/curated/en/099235002102240024/P17424902ef0460db083a002cec248affd7 http://hdl.handle.net/10986/37047 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Europe and Central Asia Poland
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRODUCTIVITY
MANUFACTURING PRODUCTIVITY
SERVICES PRODUCTIVITY
CONSTRUCTION PRODUCTIVITY
RESEARCH AND DEVELOPMENT
spellingShingle PRODUCTIVITY
MANUFACTURING PRODUCTIVITY
SERVICES PRODUCTIVITY
CONSTRUCTION PRODUCTIVITY
RESEARCH AND DEVELOPMENT
World Bank
Paths of Productivity Growth in Poland : A Firm-Level Perspective
geographic_facet Europe and Central Asia
Poland
description After a long period of economic transformation that included introducing a series of market-oriented reforms and joining the European Union (EU), Poland was one of the fastest-growing economies in the world by 2020. This report investigates differences in productivity dynamics across economic segments and attempts to derive policy recommendations to improve the Polish economy’s productivity performance. First, the authors estimate firm-level total factor productivity (TFP), compute labor productivity indices, and analyze the main productivity patterns between 2009 and 2019. Second, the authors decompose aggregate productivity performance into the within, between, and net entry components using the Melitz Polanec decomposition method to understand the underlying response behind the observed productivity growth in Polish sectors and industries. The efficiency of resource allocation (measured by the between effect) worsened over time in manufacturing and was responsible for the sector’s productivity slowdown while allocative efficiency gains improved productivity performance in construction and services. To boost Polish productivity, the empirical evidence provided in the report indicates certain areas for policy actions as well as a few directions for necessary further investigation.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Paths of Productivity Growth in Poland : A Firm-Level Perspective
title_short Paths of Productivity Growth in Poland : A Firm-Level Perspective
title_full Paths of Productivity Growth in Poland : A Firm-Level Perspective
title_fullStr Paths of Productivity Growth in Poland : A Firm-Level Perspective
title_full_unstemmed Paths of Productivity Growth in Poland : A Firm-Level Perspective
title_sort paths of productivity growth in poland : a firm-level perspective
publisher World Bank, Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099235002102240024/P17424902ef0460db083a002cec248affd7
http://hdl.handle.net/10986/37047
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