contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …, which highlights the need for policy actions to reinvigorate productivity growth. This paper explores the question of what … kind of structural policies could boost productivity growth in SMICs and the political economy factors that may be …

contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man …After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s …. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth …

Intro -- Contents -- I. INTRODUCTION -- II. THE PARADOX: LOW GROWTH AND HIGH INVESTMENT -- III. THE MISMEASUREMENT … 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 …Intro -- Contents -- I. INTRODUCTION -- II. STRUCTURE OF THE ECONOMY -- III. TRENDS IN GDP AND PER CAPITA GDP GROWTH … PRODUCTIVITY IN PAPUA NEW GUINEA -- VII. SUMMARY AND CONCLUSIONS -- CALCULATING CAPITAL STOCK -- REFERENCES. …

productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a … large sample of countries. We find that de jure capital account openness has a robust positive effect on TFP growth. The … effect of de facto financial integration on TFP growth is less clear, but this masks an important and novel result. We find …

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

This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic … of existing businesses rather than new entrants or consumers. A relatively small shift elicited a large productivity … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …

productivity (TFP) growth in total manufacturing and many of the component sectors since 1980 were markedly higher than that in the … about factor elasticities and the assumed structure of the production function; (ii) productivity growth for total … greater competition and at liberalizing key aspects of economic activity. This paper investigates productivity trends in India …