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The main of this article is to analyse the evolution of Cape Verdean economy and find a binding constraint to economic growth, using the technique “growth diagnostic” proposed by Hausmann et al. (2005). The real GDP per capita in Cape Verde increased from US$ 806 in 1970 to US$ 2.830 in...
Persistent link: https://www.econbiz.de/10011113033
This study empirically investigates the long-run relationship and short-run dynamics between financial development and economic growth in Cape Verde for the period 1980 - 2011. The study employs the Johansen and Juselius approach to cointegration, pairwise granger causality test for causality...
Persistent link: https://www.econbiz.de/10011113107
Abstract Previous work has shown that the results of both China and Mexico’s export-led market reforms over the past quarter century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its exports of manufactured goods and has...
Persistent link: https://www.econbiz.de/10005789306
This work provides a macroeconomic approach and a sound conceptual foundation for the notion of "competitiveness gains …", so prone to multiple interpretations, and to make it fit for empirical analyses. Instead of "competitiveness" is … "competitiveness gains" the relevant concept, defined as a situation where the economy experiences a higher growth rate of TFP than its …
Persistent link: https://www.econbiz.de/10005623549
grounds of low productivity and economic viability. Sustainability of SMEs is argued to depend on improving labour … productivity (LP) through technological upgradation. In a developing economy this may be a costly proposition due to capital … scarcity. So, the effect of technological changes on productivity levels has to be estimated before taking such policies. This …
Persistent link: https://www.econbiz.de/10005836590
national income is questioned because of their low productivity. The present paper tries to identify important determinants of … productivity level in Small Manufacturing Enterprises (SMEs) and suggest appropriate policies for augmenting productivity levels … determinants of productivity. A close association between productivity levels and emolument per worker is also observed. Policies …
Persistent link: https://www.econbiz.de/10005787076
looking at the total factor productivity (TFP) growth. Furthermore, the study also investigate the efficiency in commercial …
Persistent link: https://www.econbiz.de/10005789580
investigate reasons for low competitiveness and productivity of Indian manufacturing sector around 12 pillars determined by GCI. …India’s series of economic reforms since 1991 have accelerated economic growth but not productivity. India …’s productivity remained low compared to global but peers as well. High productivity is good for business, consumers and economy …
Persistent link: https://www.econbiz.de/10011275131
productivity gap with industrialised countries, gaining international competitiveness, while Latin America has been losing ground … determinants of labour productivity in Asia and Latin America, indicating a contrasted situation between both developing regions …. While Asia appears to be engaged in a relatively smooth transition from the low productivity traditional activities to a …
Persistent link: https://www.econbiz.de/10005260105
Competitiveness of Slovakia mainly depends on its relatively higher level of labor productivity. …This paper examines Turkey’s international cost competitiveness in manufacturing with respect to the Slovak Republic …, and quantitatively investigates the relationship between Turkish cost competitiveness and the exports of manufactured …
Persistent link: https://www.econbiz.de/10005260192