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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World Bank, Washington, DC
2022
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Online Access: | http://documents.worldbank.org/curated/en/099235002102240024/P17424902ef0460db083a002cec248affd7 http://hdl.handle.net/10986/37047 |
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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 |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
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English |
topic |
PRODUCTIVITY MANUFACTURING PRODUCTIVITY SERVICES PRODUCTIVITY CONSTRUCTION PRODUCTIVITY RESEARCH AND DEVELOPMENT |
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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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1764486367529664512 |