Showing 1 - 10 of 1,842
This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment-specific technical change, associated with...
Persistent link: https://www.econbiz.de/10005248234
illustrates some of the points made on the basis of data from the IMF’s World Economic Outlook on real growth and per capita GDP …” world, especially sub-Saharan Africa, has been getting poorer while the advanced economies have been getting richer. To … highlights several essential steps in creating a favorable environment for innovation and growth. …
Persistent link: https://www.econbiz.de/10005825901
This paper analyzes the dynamic interactions between the precision of information, technological development, and welfare within an overlapping generations model. More precise information about idiosyncratic production shocks has ambiguous effects on technological progress and welfare, which...
Persistent link: https://www.econbiz.de/10005825975
The contribution of the information and communication technology (ICT) sector to growth in Asian economies is clearly evident from the expenditure side (net exports) and became particularly significant in the second half of the 1990s. This paper employs an extension of the standard growth...
Persistent link: https://www.econbiz.de/10005768879
The information technology (IT) revolution has arrived, but how much will it change the world? It has been established …
Persistent link: https://www.econbiz.de/10005769153
By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted sharply with the previous decade, when productivity grew by a cumulative 30 percent. This paper assesses productivity trends in Chile, by decomposing productivity into...
Persistent link: https://www.econbiz.de/10008497610
While production of ICT equipment plays a subordinate role for economic growth in most of these countries, they do benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches to the data environment of low-income countries, we...
Persistent link: https://www.econbiz.de/10008470403
The “middle-income trap” is the phenomenon of hitherto rapidly growing economies stagnating at middle-income levels and failing to graduate into the ranks of high-income countries. In this study we examine the middle-income trap as a special case of growth slowdowns, which are identified as...
Persistent link: https://www.econbiz.de/10010790409
This paper studies the impact of information and communication technologies (ICT), especially mobile phone rollout, on economic growth in a sample of African countries from 1988 to 2007. Further, we investigate whether financial inclusion is one of the channels through which mobile phone...
Persistent link: https://www.econbiz.de/10009019587
world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of …
Persistent link: https://www.econbiz.de/10011242246