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This paper examines productivity growth in Romania using balance sheet data for a census of Romanian firms in 2011 …-17. Three measures of productivity are estimated: labor productivity, revenue total factor productivity, and revenue total … factor productivity adjusted for markups. Drawing from these measures, the paper follows a two-step approach to answer two …
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This paper documents the sources of the Republic of Korea's economic growth, as well as the associated productivity … makes significant differences in measuring the magnitudes and directions of change in sectoral total factor productivity …, in the following three decades, the source of growth switched to productivity improvements, mainly engineered by the …
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China's economy grew by an impressive 10 percent per year over four decades. Productivity improvements within sectors … and gains from resource reallocation between sectors and ownership groups drove that expansion. However, productivity … allocation to more productive firms were associated with slower manufacturing total factor productivity growth. Earlier reforms …
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