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around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and … savings rates; (ii) improving the efficiency of social spending and public enterprise reforms; (iii) investment in education … productivity. With policies capable of generating 5 percent growth, Mauritius could reach high-income status in 2021, 4 years …
Persistent link: https://www.econbiz.de/10011142138
based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment …This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … with the organization of productive activities. The results indicate that investment-specific technical change is the major …
Persistent link: https://www.econbiz.de/10005248234
collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …
Persistent link: https://www.econbiz.de/10005263697
used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …
Persistent link: https://www.econbiz.de/10005264099
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …
Persistent link: https://www.econbiz.de/10008727814
indicate that declines in factor inputs and productivity were both important determinants of the output fall. The contribution … of the productivity drop was critical, but smaller than previously reported. Possible causes of the reduction in … productivity are assessed using data on sub-national regions within Russia. Privatization and entry of private firms are found to …
Persistent link: https://www.econbiz.de/10005826009
-term potential estimates have risks on both sides: productivity gains and investment could be volatile, but determined reforms could … sustain strong productivity growth. …
Persistent link: https://www.econbiz.de/10005826268
excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis … provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the …
Persistent link: https://www.econbiz.de/10005768824
in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed … (using the dual-or revenue-based-approach) into the contributions of non-ICT capital stock, ICT capital stock, and labor. TFP …
Persistent link: https://www.econbiz.de/10005768879
This paper emphasizes the importance of total factor productivity (TFP) developments in the nontradables sector to … equal TFP gains in both the tradables and nontradables sectors, and others by larger TFP gains in the nontradables sector. …
Persistent link: https://www.econbiz.de/10005768939