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We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits...
Persistent link: https://www.econbiz.de/10014399872
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10014396933
This Selected Issues paper on The Federal Democratic Republic of Ethiopia highlights that accelerating private sector development is the key to increasing and sustaining growth, and providing employment opportunities to raise incomes. Private sector development remains in its infancy, reflecting...
Persistent link: https://www.econbiz.de/10011244865
This paper reviews economic developments in Turkey during 1992–95. Economic activity expanded sharply in 1993 …
Persistent link: https://www.econbiz.de/10014397348
This paper reviews economic developments in Turkey during 1994–97. Real wages increased rapidly during 1989–93, dropped …
Persistent link: https://www.econbiz.de/10014397417
This paper reviews economic developments in Turkey during 1992–96. The Turkish economy rebounded in 1995, with real … rate of 12.1 percent, followed by services (6.4 percent) and agriculture (2.6 percent) …
Persistent link: https://www.econbiz.de/10014397771
This paper describes economic developments in Turkey during the 1990s. Economic activity continued to increase rapidly … quarter, especially in agriculture. The industrial sector continued to expand fastest (7.1 percent), but the service (6 …
Persistent link: https://www.econbiz.de/10014398916
Turkey. Macroeconomic developments have become less favorable since the last review in May 2007. Political developments have …
Persistent link: https://www.econbiz.de/10014401546
This Selected Issues paper on Turkey describes the link between budget deficits and inflation. The paper outlines the … inflation has had on the banking system, examines the sources of volatility of Turkey's external balance, and presents empirical …
Persistent link: https://www.econbiz.de/10014401584
Although Turkey’s economic performance has been strong, growing external imbalances exposed the country to a reversal …
Persistent link: https://www.econbiz.de/10014404834