. The new estimates confirm the key results reported in Coe and Helpman about the impact of domestic and foreign R&D capital … stocks on TFP. In addition, we show that domestic and foreign R&D capital stocks have measurable impacts on TFP even after … controlling for the impact of human capital. Furthermore, we extend the analysis to include institutional variables, such as legal …

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 investment-specific technological change (associated with improvements in the …

benefit from capital deepening arising from falling prices of ICT equipment. Adapting established growth accounting approaches … that ICT-related capital deepening contributed 0.2 percentage points to growth in low-income countries, and 0.3 percentage …

in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …

As labor input in Japan shrinks with population aging, capital accumulation and productivity gains will drive growth … the business climate. Third, improving SME access to finance, notably by encouraging venture capital investment in …

institution’s credit worthiness and the return on its market value, and importantly, on the level and quality of capital … steps taken to increase resilience, notably higher capitalization. Our results suggest increased capital buffers may …

applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual … Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal …

employing the ratio of natural capital rather than natural resource exports to national income as an explanatory variable. We … find evidence that resource abundance, measured by the stock of natural capital, also induces a resource curse, but less …