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and total factor productivity growth in small and large states in the South. There are three main findings. First …, productivity growth increases with North-South trade-related technology diffusion and education and the interaction between the two … their interaction on productivity growth in small states is more than three times that for large countries, with the …
Persistent link: https://www.econbiz.de/10011394122
for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth … the rate of TFP growth. His findings provide evidence against the alternative view that technological improvements are … essentially unimportant: a view based on the findings of Young (1995) and others that instances of spectacular economic growth …
Persistent link: https://www.econbiz.de/10010522214
Technological capabilities are at the center of the new theories of economic growth which focus on technology and human … capital as engines of growth. Recent developments in this literature suggest that long-run economic growth, as seen most …
Persistent link: https://www.econbiz.de/10012555072
"This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns using an international sample of 1,334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading...
Persistent link: https://www.econbiz.de/10011394131
The value of funded pensions can depend critically on the funds' investment performance. To try and protect people's savings, governments often regulate pension funds strictly, particularly when contributions are mandatory. For example, the new funded pension systems in Latin America and Eastern...
Persistent link: https://www.econbiz.de/10012556540
Persistent link: https://www.econbiz.de/10000563257
This report analyzes the digital technology adoption of Armenian firms based on the findings of the Armenia ICT Survey administered to over 1,900 firms in 2023 by the Statistical Committee of the Republic of Armenia (ARMSTAT), with the technical assistance of the World Bank and support of the...
Persistent link: https://www.econbiz.de/10015179281
This report leverages patent data and relatedness analysis to identify the factors that affect the technological transition of firms toward industry 4.0 technologies by looking at the technological trajectories of Korean manufacturing firms. Based on a unique dataset of Korean manufacturing...
Persistent link: https://www.econbiz.de/10014579342
Persistent link: https://www.econbiz.de/10003256027