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In Africa, most development strategies include efforts to improve the productivity of staple crops grown on smallholder farms. An underlying premise is that small farms are productive in the African context and that smallholders do not forgo economies of scale-a premise supported by the often...
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Thailand is an enduring development success story. Between the late 1960s and mid-1990s, strong and sustained economic … Thailand, with the economy expected to contract in 2020 amid heightened uncertainty surrounding the path of the pandemic. This … of the sources of productivity growth. In line with this framework, Chapter 1 begins with an overview of Thailand …
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Multifactor productivity (MFP) is increasingly used in economic policy, not least to compute potential output. Most measures are based on a standard production function combining labour and capital, but do not incorporate the negative by-products of the production process such as air pollution...
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