This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between … and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal … productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to …

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 …

The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise …. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and … generate a larger share of their revenues from exports than other firms. This is particularly true in Asia, where firms have 30 …

Liberia is facing large infrastructure gaps and developmental needs that constrain the country’s growth potential. The … investment in infrastructure and human capital. Fiscal space remains constrained by rigidities in current spending and the …

public infrastructure was a key driver of productivity growth in South Asia. Going forward, higher public infrastructure …South Asia needs large infrastructure investments to achieve its development goals, and public investment can also … reap the most benefits from higher infrastructure investment, South Asian countries need to manage fiscal risks carefully …

finds that Asia''s remarkable output growth over the past 40 years reflected both high investment, and rapid productivity …This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It … encouraged resource shifts from low- to high-productivity sectors. Looking ahead, sustaining rapid growth requires meeting a …

in Asia during the 1990s is found to be mainly from capital deepening. Total factor productivity (TFP) is also decomposed …

growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the five …