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"This paper asks whether new technological capacity for producing and exporting additional products provides incentives for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth. Using a highly disaggregated data set of each...
Persistent link: https://www.econbiz.de/10010522214
currently. The authors also derive a more general rule for sustainability--maintain positive constant genuine investment …
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"External exposure can be measured by the sensitivity of first and second moments of economic growth to openness and foreign shocks. This paper provides an empirical evaluation of external exposure using panel data methods for a worldwide sample of countries. Controlling for domestic conditions,...
Persistent link: https://www.econbiz.de/10010522467
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and high employment, despite high investment, and important achievements in poverty reduction. This paper attempts to …
Persistent link: https://www.econbiz.de/10012563830