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growth in developing countries. Our results also reveal that the impact of infrastructure and ICT varies among the industries …, which could play a leading role in the competitiveness and the industrial growth of the Indian economy. …
Persistent link: https://www.econbiz.de/10009644165
We develop a model of optimal pattern of economic development that is first rooted in physical capital accumulation and then in technical progress. We study an economy where capital accumulation and innovative activity take place within a two sector model. The first sector produces a...
Persistent link: https://www.econbiz.de/10010750459
In this paper, we present international comparisons of potential output growth among several economies -Canada, the … growth has been faster in the United States than in other studied countries, reflecting a combination of higher labour … contribution and faster TFP growth. Overall, this paper might help to shed some light on cross-country differences in economic …
Persistent link: https://www.econbiz.de/10010739141
sustained growth rates of labor compensation and poor labor productivity gains lead to large losses in cost competitiveness. The …
Persistent link: https://www.econbiz.de/10010663555
The aim of our paper is to empirically estimate the direction and magnitude of technological spillovers from FDI using a plant level dataset of Romanian firms for the period 1999-2007. We use the Levinsohn Petrin (2003) methodology in order to estimate total factor productivity and compute...
Persistent link: https://www.econbiz.de/10010821400
productivity from 1993 to 2001, and that productivity growth was mostly attributed to technical progress, rather than to … growth in China. Empirical results show that, during this period, financial development has significantly contributed to … China's productivity growth, mainly through its favourable effect on efficiency. …
Persistent link: https://www.econbiz.de/10008836793
Capital (physical and human) doesn't flow from rich to poor countries. We show that in order to solve these twin paradoxes, assumption of externality of physical capital is better than assumption of externality of human capital.
Persistent link: https://www.econbiz.de/10010898504
through which technology is transferred. To answer these questions, we consider the Schumpeterian growth model proposed by …
Persistent link: https://www.econbiz.de/10010632949
We use a firm production function approach to generate estimates of total factor productivity (TFP) and labor productivity in the manufacturing sector for a group of Latin American countries. We exploit these estimates to study the relative position of countries within this sector and to explore...
Persistent link: https://www.econbiz.de/10010635010
Recent literature tried to explain the Indian growth miracle in different ways, ranging from trade liberalization to … productive firms become exporters but it is not the case that learning by exporting is a channel fuelling growth in Indian …
Persistent link: https://www.econbiz.de/10010635258