Showing 1 - 10 of 2,048
the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods … rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom …
Persistent link: https://www.econbiz.de/10008839352
This Selected Issues paper aims at discussing the impact of the oil windfall on Chad, with a focus on growth, poverty, competitiveness, and fiscal policy challenges posed by the oil revenue outlook. The paper discusses the reforms needed to remove structural factors that constraints the non-oil...
Persistent link: https://www.econbiz.de/10011245496
-country panel regression of economic growth using System GMM captures the importance to growth of conditional convergence, factor …
Persistent link: https://www.econbiz.de/10009369454
Using a simple growth accounting framework, we project India's future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7 percent for aggregate output, or 5.5 percent for...
Persistent link: https://www.econbiz.de/10005826334
productivity, resulting from a stable macroeconomic environment, the implementation of structural reforms, and high inflows of …
Persistent link: https://www.econbiz.de/10005591182
This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital markets has been presented. The note discusses restrictions on Chaebol ownership...
Persistent link: https://www.econbiz.de/10011243724
productivity. With policies capable of generating 5 percent growth, Mauritius could reach high-income status in 2021, 4 years …
Persistent link: https://www.econbiz.de/10011142138
growth from total factor productivity has been minor, while the high population growth poses a significant challenge to …
Persistent link: https://www.econbiz.de/10005825438
in human capital or skill. Using Johansen's (1988 and 1991) multivariate cointegration analysis, we find a positive and … output. We find that public capital accounts for about half of the post-1973 productivity slowdown, but only plays a minor … role in the partial recovery of labor productivity growth since the mid 1980s. The largest contribution to that (partial …
Persistent link: https://www.econbiz.de/10005263996
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was less pronounced in LICs. Sophisticated sectors are more likely to act as a...
Persistent link: https://www.econbiz.de/10009654173