IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01677008.html
   My bibliography  Save this paper

Comment ‒ Productivity slowdown of and loss of allocative efficiency: a French disease?

Author

Listed:
  • Flora Bellone

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur)

Abstract

[eng] The article by Cette, Corde and Lecat presented in this special issue brings new stylised facts and a rich and fruitful discussion on the causes of the slowdown of productivity growth observed in France over the last decade. The facts established are solid. They back up the hypothesis that this slowdown is not a cyclical phenomenon, linked to the crisis of 2008, but is a structural phenomenon whose causes remain difficult to pin down. The authors put forward as a possible explanation the difficulties in reallocating resources between companies, linked . notably to rigidities on labour markets and to regulations on goods markets. This comment aims to explain why the facts highlighted by Cette, Corte and Lecat are not sufficient to exclude other, alternative explanations which bring, in a more direct way, the shocks of globalisation and digitalisation into play. It draws conclusions from them in the perspective of future lines of research and recommendations of economic policy, in particular keeping aggregate productivity, not productivity at the frontier, as a target of policy action, and also considering, for each action, the risk of impoverishing reallocations.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Flora Bellone, 2017. "Comment ‒ Productivity slowdown of and loss of allocative efficiency: a French disease?," Post-Print hal-01677008, HAL.
  • Handle: RePEc:hal:journl:hal-01677008
    DOI: 10.24187/ecostat.2017.494t.1917
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonin Aviat & Frédérique Bec & Claude Diebolt & Catherine Doz & Denis Ferrand & Laurent Ferrara & Eric Heyer & Valérie Mignon & Pierre-Alain Pionnier, 2021. "Dating business cycles in France: a reference chronology," SciencePo Working papers Main hal-03373425, HAL.
    2. Vincent Dropsy & Christian Montet, 2018. "Economic growth and productivity in French Polynesia: a long-term analysis," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 499, pages 5-27.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-01677008. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.