is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man …

productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a …

STORY -- IV. LOW PRODUCTIVITY: DOES THE LEVEL OF DEBT MATTER? -- V. HIGH DEBT AND DECLINING PRODUCTIVITY: THE CASE OF …

-- IV. GROWTH ACCOUNTING AND TOTAL FACTOR PRODUCTIVITY -- V. IMPLICATIONS FOR MEDIUM-TERM GROWTH -- VI. DETERMINANTS OF … PRODUCTIVITY IN PAPUA NEW GUINEA -- VII. SUMMARY AND CONCLUSIONS -- CALCULATING CAPITAL STOCK -- REFERENCES. …

The assumption behind popular data on national capital stocks, and therefore total factor productivity, is that … productivity growth. It is not credible that countries with similar incomes had huge differences in their capital stocks. This …

We estimate the impact of distinct types of slowdowns in China on countries and firms globally. First, we combine a … structural vector autoregression framework with a broad-based measure of domestic economic activity in China to distinguish … stronger trade links with China; and (iii) spillovers from Chinese supply shocks are stronger than spillovers from demand …

from its continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward … the level of high income economies. Evidence from China’s provinces indicates that there is room to improve productivity …

estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in … potential growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the …

This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … existing and new services as well as reorienting the production of tradable goods toward domestic markets. In China's case … paper shows that while rebalancing China's growth toward a domestic-demand-led economy would likely raise aggregate e …