Showing 1 - 10 of 492
structural change - final demand, the inter-industry division of labor and inter-industry productivity differences. It first …
Persistent link: https://www.econbiz.de/10005233801
The paper presents new stylized facts on the direction of capital flows. We find (i) international capital flows net of government debt and/or official aid are positively correlated with growth; (ii) sovereign debt flows are negatively correlated with growth only if debt is financed by another...
Persistent link: https://www.econbiz.de/10009364326
productivity catch-up is rejected. A number of potential `ultimate' causes behind the slowdown are explored. An increasingly …
Persistent link: https://www.econbiz.de/10005791604
income/productivity levels in the immigrants home countries. We make progress towards addressing endogeneity by specifying a …
Persistent link: https://www.econbiz.de/10010718612
total factor productivity (TFP) and static measures of capital misallocation within a country. Using data on 5 … time-series volatility of productivity are also characterized by greater cross-sectional dispersion in productivity …. Volatility in TFP explains one quarter to one third of cross-country productivity dispersion. We document a similar relationship …
Persistent link: https://www.econbiz.de/10009150947
-liberalization quota allocation is not based on firm productivity. Removing this misallocation accounts for a substantial share of the … overall productivity gains associated with the quota removal. …
Persistent link: https://www.econbiz.de/10011083645
. Examining the sources of labour productivity growth in Mexican manufacturing, however, does not provide support for this … conclusion. Although we find that labour productivity levels vary almost in direct relation to establishment size, labour … productivity growth shows no systematic variation by size class. In fact, small establishments have had the same rate of labour …
Persistent link: https://www.econbiz.de/10005656467
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10010884222
The effect of remittances on capital accumulation remains a contested topic. This paper uses a panel data set from rural Mexico to investigate the impact of remittances on agriculture and livestock investments. After controlling for the endogeneity of migration through an instrumental variable...
Persistent link: https://www.econbiz.de/10010886841
We consider whether Sub-Saharan African (SSA) countries are mainly poor because they are governed worse than other countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of institutions does not hold. SSA countries appear to face...
Persistent link: https://www.econbiz.de/10010886842