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To promote transparency and provide information, the Federal Planning Bureau regularly publishes the methods and results of its works. The publications are organised in different series, such as Outlooks, Working Papers and Planning Papers. Some reports can be consulted here, along with the Short Term Update newsletters that were published until 2015. You can search our publications by theme, publication type, author and year.
The paper analyses the long-term trend of Belgian economic growth and the more recent evolution of labour productivity including the impact of the crisis. It identifies the causes of declining trend of productivity gains by analysing the structural changes in the economy and by applying the growth accounting methodology on industry-level data. Finally, possible policy actions are detailed which minimise the negative short term impact on aggregate demand while maximising the positive effect on labour productivity growth.
The Working Paper presents a study or analysis conducted by the Federal Planning Bureau on its own initiative.
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Themes
Structural studies > Productivity and long-term growth
Structural studies > Globalisation, international trade and offshoring
JEL
Mathematical and Quantitative Methods > Data Collection and Data Estimation Methodology; Computer Programs > Methodology for Collecting, Estimating, and Organizing Macroeconomic Data [C82]
Microeconomics > Production and Organizations > Production; Capital and Total Factor Productivity; Capacity [D24]
Economic Development, Technological Change, and Growth > Economic Development > Macroeconomic Analyses of Economic Development [O11]
Economic Development, Technological Change, and Growth > Technological Change > Technological Change: Choices and Consequences [O33]
Economic Development, Technological Change, and Growth > Economic Growth and Aggregate Productivity > Measurement of Economic Growth; Aggregate Productivity [O47]
Keywords
None