Mbaye, Samba - Volkswirtschaftliche Fakultät, … - 2012
“capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first … undervaluation of the currency boost the overall productivity level in the economy? If so, does this “undervaluation …-induced” productivity improvement significantly enhance growth? And finally, what is the magnitude of the TFP growth channel compared to the …