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And Schumpeter Said, "This is How Thou Shalt Grow"; Further Quest for Economic Growth in Poor Countries
Beaugrand, Philippe - International Monetary Fund (IMF) - 2004
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
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Breaking the Curse of Sisyphus; An Empirical Analysis of Post-Conflict Economic Transitions
Cevik, Serhan; Rahmati, Mohammad - International Monetary Fund (IMF) - 2013
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
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ICT, Financial Inclusion, and Growth Evidence from African Countries
Kpodar, Kangni; Andrianaivo, Mihasonirina - International Monetary Fund (IMF) - 2011
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
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Growth Slowdowns and the Middle-Income Trap
Aiyar, Shekhar; Duval, Romain A; Puy, Damien; Wu, Yiqun; … - International Monetary Fund (IMF) - 2013
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
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ICT Equipment Investment and Growth in Low- and Lower-Middle-Income Countries
Haacker, Markus - International Monetary Fund (IMF) - 2010
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
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Implications of More Precise Information for Technological Development and Welfare
Eckwert, Bernhard; Drees, Burkhard - International Monetary Fund (IMF) - 2007
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
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Productivity or Employment; Is It a Choice?
Michelis, Andrea De; Estevão, Marcello M.; Wilson, … - International Monetary Fund (IMF) - 2013
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply shocks firms adjust efficiency, rendering TFP endogenous to firms’ production...
Persistent link: https://www.econbiz.de/10011242298
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Investment-Specific Productivity Growth; Chile in a Global Perspective
Bella, Gabriel Di; Cerisola, Martin - International Monetary Fund (IMF) - 2009
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
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Information Technology and Productivity Growth in Asia
Lee, Il Houng; Khatri, Yougesh - International Monetary Fund (IMF) - 2003
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
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You Say You Want a Revolution; Information Technology and Growth
Morsink, James; Haacker, Markus - International Monetary Fund (IMF) - 2002
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