Publication:
Structural Reforms and Labor Productivity Growth in Developing Countries: Intra or Inter-Reallocation Channel?

creativeworkseries.issn1564-698X
dc.contributor.authorKonte, Maty
dc.contributor.authorKouamé, Wilfried A.
dc.contributor.authorMensah, Emmanuel B.
dc.date.accessioned2024-02-23T17:55:03Z
dc.date.available2024-02-23T17:55:03Z
dc.date.issued2022-03-22
dc.description.abstractThis paper employs sectoral data to draw conclusions on how structural reforms—implemented during the period 1975–2005—affected differences in cross-country aggregate labor productivity growth in developing countries. Most important, it explores how the effects of reforms on productivity growth are distributed between the intrasectoral and intersectoral components of labor productivity growth. The findings indicate that most of the trade, product market, and financial sector reforms have increased productivity growth. Looking at the subcomponents of labor productivity growth, the results show that structural reforms work mainly through the intra-allocative efficiency channel but not through the interallocative efficiency channel. The intrasectoral component is the main driver of the impacts of reforms on productivity growth, with a contribution that ranges from 76 percent to 96 percent depending on the reform measure considered. The paper also examines the role of labor market regulations and finds that labor market rigidity/flexibility matters for how specific reforms induce reallocation of resources within and across sectors.en
dc.identifierhttp://documents.worldbank.org/curated/en/099550212112326167/IDU0d6bb3e7f0c7f30478e0bf520c8962cd41fa2
dc.identifier.citationThe World Bank Economic Review
dc.identifier.doi10.1596/41097
dc.identifier.issn0258-6770 (print)
dc.identifier.issn1564-698X (online)
dc.identifier.urihttps://hdl.handle.net/10986/41097
dc.languageEnglish
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectDEVELOPING COUNTRIES
dc.subjectPRODUCTIVITY GROWTH
dc.subjectSTRUCTURAL CHANGE
dc.subjectSTRUCTUREL REFORMS
dc.titleStructural Reforms and Labor Productivity Growth in Developing Countriesen
dc.title.subtitleIntra or Inter-Reallocation Channel?en
dc.typeJournal Article
dspace.entity.typePublication
okr.crossref.titleStructural Reforms and Labor Productivity Growth in Developing Countries: Intra or Inter-Reallocation Channel?
okr.date.disclosure2024-02-23
okr.date.lastmodified2023-12-11T00:00:00Zen
okr.doctypeJournal Article
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099550212112326167/IDU0d6bb3e7f0c7f30478e0bf520c8962cd41fa2
okr.guid099550212112326167
okr.identifier.docmidIDU-d6bb3e7f-c7f3-478e-bf52-c8962cd41fa2
okr.identifier.doi10.1093/wber/lhac002
okr.identifier.doihttps://doi.org/10.1596/41097
okr.identifier.externaldocumentum34212114
okr.identifier.internaldocumentum34212114
okr.identifier.report186341
okr.import.id3232
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099550212112326167/pdf/IDU0d6bb3e7f0c7f30478e0bf520c8962cd41fa2.pdfen
okr.region.geographicalWorld
okr.topicSocial Protections and Labor::Labor Markets
okr.unitEFI-AFR2-MTI-MacroFiscal-1 (EAWM1)
okr.volume36 (3)
relation.isJournalIssueOfPublication9883f96b-4922-41d1-904a-167a98b9e3e3
relation.isJournalIssueOfPublication.latestForDiscovery9883f96b-4922-41d1-904a-167a98b9e3e3
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublicationdd213de9-52ab-40e9-bb44-86bf0edc81b4
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