Showing 1 - 10 of 2,316
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. …
Persistent link: https://www.econbiz.de/10005248234
In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international real business cycle model and show that a thoughtful calibration of them along the lines of Raffo (2009) successfully addresses the "quantity", "international comovement",...
Persistent link: https://www.econbiz.de/10008671290
suggests that the link between public debt and productivity is part of the answer to the puzzle. The paper considers Jamaicaâ …
Persistent link: https://www.econbiz.de/10011244350
The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined...
Persistent link: https://www.econbiz.de/10005826291
We compare and contrast the economic growth performance of Estonia and Georgia since the collapse of the Soviet Union in 1991 in an attempt to understand better the extent to which the growth differential between the two countries can be traced to increased efficiency in the use of capital and...
Persistent link: https://www.econbiz.de/10005599520
This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of … components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to …
Persistent link: https://www.econbiz.de/10008646412
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It …
Persistent link: https://www.econbiz.de/10005264046
provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the … specific channels through which high debt affects productivity growth and the allocation of resources in Jamaica, the study … excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …
Persistent link: https://www.econbiz.de/10005768824
This paper emphasizes the importance of total factor productivity (TFP) developments in the nontradables sector to …
Persistent link: https://www.econbiz.de/10005768939
services) for a panel of 168 countries over the period 1970-2010. The analysis points to large differences in sector shares …
Persistent link: https://www.econbiz.de/10010790237