The meeting Agenda (PDF) is now available.
Workshop participation is by invitation only. It is restricted to government representatives and selected invitees. Registration is mandatory. If you wish to participate, please send an email to email@example.com or firstname.lastname@example.org.
Thursday, 25 September 2014
Achieving strong, sustainable and inclusive growth and increasing well-being in the long run relies heavily on increases in the productivity of all factor inputs. Productivity growth, in turn, relies on technological change and innovation, and on how these are combined with other assets such as skills through organisational change. However, despite large and growing investments in knowledge and innovation, productivity growth in many countries has slowed in recent years. At the same time, there is an urgent need for more rapid innovation (including its uptake and diffusion) in several key areas, such as in environment. This session will introduce the workshop and the main challenges that need to be addressed and will report on how current and future work in the OECD can contribute to the debate.
Session 1. Setting the scene: Productivity in the past - will the long-term trend continue?
This overview will provide a long-term comparative perspective on productivity developments and draw lessons from economic history useful for gauging future developments. Topics to be discussed include: long term patterns in the adoption and diffusion of new technologies; how past waves of technological change have translated into productivity growth; and the role of policy factors in shaping these processes.
- Nicholas Crafts, University of Warwick
- Diego Comin, Harvard Business School
Session 2. The future of productivity: Inequality and growth
This session will discuss how the existing and potential talent pool can be best harnessed to support productivity growth in the long run. The potential impact on future productivity growth of immigration and prospective changes to equality of opportunity that may result from recent increases in economic inequality will be explored.
Chair: Stefano Scarpetta, Employment and Social Affairs Directorate, OECD
Session 3. The future of productivity: sustainability issues
This session will explore the relationship between future productivity growth and the natural environment. It will examine the role of future changes in renewable and non-renewable natural resource stocks and environmental quality on productivity, both directly as factor inputs and indirectly through impacts on other factor inputs (e.g. human health, physical capital), as well as the implications of increasingly strict environmental constraints.
Chair: Simon Upton, Environment Directorate, OECD
Session 4. The long-term future of productivity? The state of the debate
The session will contain a debate between key scholars on the long-term future of productivity. Speakers will be invited to present their views on the sources of the recent productivity slowdown; the economic significance of current, past and future frontier technologies; and the relative importance of various headwinds and tailwinds to long term productivity growth.
Moderator: Jonathan Haskel, Imperial College London
- Robert Gordon, Northwestern University
- Joel Mokyr, Northwestern University
Cocktail for all participants in room George Marshall.
Dinner for Speakers hosted by Banque de France. Speech by First Deputy Governor Anne Le Lorier.
Friday, 26 September 2014
Session 5. The drivers of productivity: The role of organisational change and other firm-level factors
This session will examine factors driving productivity internal to the firm (e.g. organisational change, management, adoption of ICT, skill formation, etc.), and the role of external drivers in fostering investment in these factors.
Chair: Andrew Wyckoff, Directorate for Science, Technology and Industry, OECD
Session 6. The drivers of productivity: technical progress, diffusion and resource reallocation
This session will explore the nature of - and factors influencing - technical progress, knowledge diffusion and resource reallocation, with a view to speculate on how each factor may affect aggregate productivity growth the long run.
Chair: Christian Kastrop, Economics Department, OECD
- Chad Syverson, University of Chicago Booth School of Business
- Ufuk Akcigit, University of Pennsylvania
Session 7. The drivers of productivity: agglomeration and network issues
This session will explore how the spatial and network organisation of production influences long run productivity growth. Amongst other things, the mechanisms shaping the disproportionate contribution of cities to aggregate productivity growth will be discussed, with a view to draw lessons relevant for understanding future developments.
Chair: Joaquim Oliveira Martins, Directorate for Public Governance and Territorial Development, OECD
Summing up and close with debate
Moderator: Gilbert Cette, Banque de France