as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …

results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …

that these appreciations reflect underlying productivity gains in the tradable sector. Using panel data over the period … 1993-98, the results show clear evidence of productivity-driven exchange rate movements in the central and eastern European … expect to experience further productivity-driven real exchange rate appreciations. Evidence from a large cross-section of non …

acceleration of labor productivity growth in the United States. The analysis reveals that the increase of total factor productivity …€œgeneral purpose technology.†The paper investigates whether the productivity boom may have dampened employment in recent years. It …

Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …

This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public … sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation …

While there is a substantial body of literature on the effects of “debt overhang” on investment in heavily … of foreign debt acts as a disincentive to private investment in the specific case of the Philippines. The empirical … reduction (such as the one completed through the buyback operation in early 1990) would increase investment demand by something …