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Estimates of total factor productivity growth, a measure of increases in the efficiency of production, have … countries. This leads to incorrect measures of total factor productivity growth. Using data on natural resources from the World … Organisation for Economic Co-operation and Development, this paper makes new estimates of total factor productivity growth for 74 …
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This book explores the widening gap between the wage packets of skilled and unskilled workers that has become a pressing issue for all states in the globalized world economy. Comparing the experiences of more and less developed economies, chapters analyse the underlying causes and key social...
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