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This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It …
Persistent link: https://www.econbiz.de/10005264046
used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …
Persistent link: https://www.econbiz.de/10005264099
Attracting capital and foreign exchange flows is crucial for developing countries. Yet, these flows could lead to real exchange rate appreciation and may thus have detrimental effects on competitiveness, jeopardizing exports and growth. This paper investigates this dilemma by comparing the...
Persistent link: https://www.econbiz.de/10008560428
This paper employs newly constructed measures for productivity differentials, external imbalances, and commodity terms …-based real exchange rate and commodity terms of trade. The estimated impact of productivity growth differentials between traded …
Persistent link: https://www.econbiz.de/10005825636
growth suggests Balassa-Samuelson factors at play. However, after 1990, the tradable-nontradable labor productivity gap, the …
Persistent link: https://www.econbiz.de/10005826517
-related income, productivity and net foreign assets, but, at odds with the conventional wisdom, depreciates with higher government …
Persistent link: https://www.econbiz.de/10005826611
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence … of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also …
Persistent link: https://www.econbiz.de/10005769318
This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we … distinguish between productivity gains arising from lower tariffs on final goods relative to lower tariffs on intermediate inputs …. Lower output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs …
Persistent link: https://www.econbiz.de/10005769329
conclusion is that the estimated total factor productivity (TFP) growth for the former Soviet Union republics were significantly …
Persistent link: https://www.econbiz.de/10005604998