The FPB’s studies cover 11 main themes: Energy, Environmental economic accounts and analyses, International economy, Labour market, Macroeconomic forecasts and analyses, Public finances, Sectoral accounts and analyses, Social protection, demography and prospective studies, Structural studies, Sustainable development, Transport.
What sustains labour productivity growth in Belgium? The EUKLEMS database of the Federal Planning Bureau provides an answer to this question.
Capital stock, available in the national accounts, provides information on the value at a given time of the assets accumulated in the economy. It is composed of different fixed assets and comes from the investment made by the different economic agents.
This paper considers the evolution in business dynamism and its potential link with productivity growth in Belgium. Statistics on business creation, the exit of enterprises and within-industry reallocation are presented. Data on Belgian firms, covering the period 2003-2017, are used for a decomposition of productivity growth. The paper provides robust indications of the substantial contribution of productivity growth of start-ups in the early years after entry.
Better understanding the Belgian economy’s structural evolutions and its insertion in both the European Union and the world plays an important role in identifying the key factors of long-term growth.
Federal Planning Bureau