Showing 1 - 10 of 343
different from the income shares of these factors, and that the growth of total factor productivity over the period 1960-95 has …
Persistent link: https://www.econbiz.de/10014400098
In the last few decades, real GDP growth and investment in advanced countries have declined in tandem. This slowdown was not the result of weak demand (there has been no shift along the Okun curve), but of a decline in potential output growth (which has shifted the Okun curve to the left). We...
Persistent link: https://www.econbiz.de/10012103759
, to economically and statistically significant declines in domestic output and productivity. Tariff increases also result …. The effects on output and productivity tend to be magnified when tariffs rise during expansions, for advanced economies …
Persistent link: https://www.econbiz.de/10012001500
large extent, by total factor productivity (TFP) and, to a lower extent, by physical and human capital accumulation. A …; implementing structural reforms necessary to improve productivity and efficiency of investment; attaining fiscal consolidation; and …
Persistent link: https://www.econbiz.de/10014400892
components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to …
Persistent link: https://www.econbiz.de/10014402858
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over … 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/10014402910
lower Total Factor Productivity (TFP) growth. It also suggests that raising real GDP growth will require increases in both … investment levels and productivity. With a ratio of investment to GDP of 13 percent during the last decade, significantly higher … productivity growth and investment will be needed to sustain GDP growth rates at 5 percent or higher. The historical performance …
Persistent link: https://www.econbiz.de/10014402972
collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …
Persistent link: https://www.econbiz.de/10014399817
output. We find that public capital accounts for about half of the post-1973 productivity slowdown, but only plays a minor … role in the partial recovery of labor productivity growth since the mid 1980s. The largest contribution to that (partial …
Persistent link: https://www.econbiz.de/10014401381
of standard Real Business Cycle models, a positive shock to the underlying rate of total factor productivity growth …
Persistent link: https://www.econbiz.de/10014401506