the next five years. The reasons behind this slowdown differ across the region. Lower productivity growth drives the … productivity growth is key to unlocking the region’s higher growth potential. For oil importers, raising physical capital …

We study the long-run relationship between public debt and growth in a large panel of countries. Our analysis takes …, employing novel methods and diagnostics from the time-series literature adapted for use in the panel. We find some support for a …

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 … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States. …

in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed …

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 investment-specific technological change (associated with improvements in the …

Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …

This paper estimates an empirical nonstationary panel regression model that tests long-run consumption risk sharing …