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analyses of public capital productivity have generally been limited to the official capital stock estimates available in a …
Persistent link: https://www.econbiz.de/10005556919
Total factor productivity measurement enables researchers to determine the contribution of supply-side production … paper help in the identification of total factor productivity development as the main driving force of economic growth. The …
Persistent link: https://www.econbiz.de/10005125694
Data on physical capital are an indispensable part of economic growth and efficiency studies. In the case of China, economy-wide fixed asset series are usually derived by aggregating gross fixed capital formation (net of depreciation) over time, and sectoral/ownership-specific series by...
Persistent link: https://www.econbiz.de/10005412585
Using a new series of capital stock and frequency domain analysis, this paper provides new empirical evidence on the relative importance of capital and labor in the determination of output in the short and long- run. Contrary to the common practice in the traditional growth accounting literature...
Persistent link: https://www.econbiz.de/10005118712
Our aim in this paper is threefold. First, to test the robustness of the relation between total factor productivity … acceleration of inflation from 1964- 1972 to 1973-1980 reduced total factor productiv-ity growth in a way that was both … our surprise, we find that the inflation-productivity trade-off prevails even in the long run. And, fi-nally, regarding …
Persistent link: https://www.econbiz.de/10005126201
infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …
Persistent link: https://www.econbiz.de/10005408439
There is a wide consensus that New Zealand’s productivity has been poor despite the comprehensive market …-oriented reforms of the 1980’s. This consensus is based on estimates of New Zealand’s productivity growth measured either in terms of … GDP per capita or total factor productivity (TFP). TFP is typically computed using growth accounting (i.e., calibrating a …
Persistent link: https://www.econbiz.de/10005556741
outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their …
Persistent link: https://www.econbiz.de/10005556940
The Information and Communication technology(ICT) environment in the economic community of west african states(ECOWAS) has changed sufficiently to warrant re-conceptualization of the earlier initiatives. Notably, many new technologies have emerged, especially in the area of wireless...
Persistent link: https://www.econbiz.de/10005118855
The years following the Second World War were those of the greatest economic growth that Europe had ever seen. If the countries of the Iberian Peninsula, neutral in the conflict and ruled by dictatorial regimes, enjoyed that growth and had participated in the convergence phenomenon, Ireland,...
Persistent link: https://www.econbiz.de/10005076554