Showing 1 - 10 of 46
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across … reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and … payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term …
Persistent link: https://www.econbiz.de/10012996099
This paper provides an empirical benchmarking of growth, productivity and export patterns for developing NREs against … lower incomes. Despite productivity convergence in mining, as expected, productivity growth in manufacturing and services … was generally lower in NREs. Exceptions are few, in East Asia and the CIS area which experienced broad-based productivity …
Persistent link: https://www.econbiz.de/10013015610
This paper takes a fresh look at the current theories of structural transformation and the role ofprivate and public fundamentals in the process. It summarizes some representative past andcurrent experiences of various countries vis-a-vis structural transformation with a focus on theroles of...
Persistent link: https://www.econbiz.de/10012909402
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to …
Persistent link: https://www.econbiz.de/10012889166
-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed …-level productivity, fixed costs and demand shifters, and use 'exact hat algebra' to quantify the effects of a decline in trade costs on …
Persistent link: https://www.econbiz.de/10012895125
Issues of taxation and development, which have long been a central concern of the IMF, have attracted wider and renewed interest in the last few years. This paper reflects on three broad lessons of experience: that developing countries differ vastly in tax matters, and in ways that are less than...
Persistent link: https://www.econbiz.de/10013098586
We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment in developing countries during 2001-07, a period of surging global liquidity and low interest rates. Reductions in the global price of risk and in domestic borrowing costs were...
Persistent link: https://www.econbiz.de/10013102284
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private consumption has on average become more dependent on...
Persistent link: https://www.econbiz.de/10013082858
This paper develops a new index which provides early warning signals of a growth crisis in the event of large external shocks in low-income countries. Multivariate regression analysis and a univariate signaling approach are used to map information from a parsimonious set of underlying policy,...
Persistent link: https://www.econbiz.de/10013083626
This paper presents an analysis of the public investment scaling-up strategy for Togo using a dynamic macroeconomic model that explicitly analyzes the links between public investment, economic growth, and debt sustainability. In the model, public capital is productive and complementary to...
Persistent link: https://www.econbiz.de/10013065700