This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between …-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by … around 40 percent. Between 1990 and 2010 growth was also rapid, but structural change detracted from growth. We hypothesize …

We find disparate trend variation in TFP and labor growth across major U.S. production sectors over the post …-WWII period. When aggregated, these sector-specific trends imply secular declines in the growth rate of aggregate labor and TFP … amplify the consequences of changing sectoral trends on GDP growth. Thus, in some sectors, changes in TFP and labor growth …

specific; having constant TFP growth in all sectors is inconsistent with structural change and aggregate balanced growth … occurring jointly; the sector with the slowest TFP growth absorbs all resources asymptotically. We also provide empirical …

After more than three decades of high growth that was based on an exploration of its low-wage advantage and a … at a crossroad with a much higher wage and a shrinking work force. Future growth by necessity would have to depend more …. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and …

&D expenditure and TFP growth for the post-war period. Over time, innovation has shifted from agricultural sectors to manufacturing …, and, more recently, to services. We develop and quantify a multi-sector semi-endogenous growth model of structural change …-push). Nonhomothetic demand shifts the market shares toward income-elastic sectors along the growth process (demand-pull). A calibrated …

This paper analyzes the role productivity growth had on disinflation in Chile during the 1990s. It argues that … productivity growth was key in avoiding the output costs of stabilization in a highly indexed economy. Disinflation from the early … performance, which combined simultaneously very high rates of growth and declining inflation, productivity stands high. The …

, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … because joint investments lead to higher TFP growth than individual investments. ICT earns on average an expected rate of …

how this leads to an underestimation of productivity growth in the early years of a new GPT, and how later, when the … benefits of intangible investments are harvested, productivity growth will be overestimated. Our model generates a Productivity …

link between a decline in the entry rate of new firms and a slowdown in the growth of aggregate productivity given that … models of endogenous productivity growth useful for quantitative analysis …