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excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis … provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the …
Persistent link: https://www.econbiz.de/10005768824
productivity, and than uses a panel regression framework to analyze the growth impact of changes in various factors. Finally … net foreign and private domestic investment in GDP, a decline in the labor force, and a less favorable political and …
Persistent link: https://www.econbiz.de/10005769050
growth of total factor productivity. …
Persistent link: https://www.econbiz.de/10005264249
This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic … of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity …
Persistent link: https://www.econbiz.de/10005825610
analyses of public capital productivity have generally been limited to the official capital stock estimates available in a … small sample of countries. Alternatively, many researchers have investigated the output effects of public investment …-recognizing that investment may be a poor proxy for the corresponding capital stock. This paper attempts to overcome the data shortage …
Persistent link: https://www.econbiz.de/10005248283
investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little … Ethiopia in recent years, as high public investment has coincided with high GDP growth, but it is probably too early to draw … spending boosts output in the short run. It argues against the importance of long term productivity effects, as these are …
Persistent link: https://www.econbiz.de/10010959467
Effective public investment requires governments to address the "recurrent cost problem" to ensure operations and …
Persistent link: https://www.econbiz.de/10010790277
public investment. The Rwandan government has made clear its desire to lower its reliance on foreign aid while still … maintaining high public investment levels. We use the model of public investment, growth, and debt sustainability in Buffie et al …. (2012) to evaluate the macroeconomic consequences of a possible scaling-down of investment in Rwanda. Using the model, we …
Persistent link: https://www.econbiz.de/10010790412
This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It …
Persistent link: https://www.econbiz.de/10005264046
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