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This paper addresses the identification of low-frequency macroeconomic shocks, such as technology, in Structural Vector Autoregressions. Whilst identification issues with long-run restricted VARs are well documented, the recent attempt to overcome said issues using the Max-Share approach of...
Persistent link: https://www.econbiz.de/10012167788
productivity growth in Malaysia. Using data from the Department of Statistics Malaysia from 1987 to 2018 and decompositions that … structural transformation but instead to sustained growth in within-sector labor productivity. At 3 percent, the contribution of …, the main policy challenge for Malaysia going forward will be to achieve sustainable labor productivity growth within …
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productivity. The fact that social interactions mainly occur within castes in rural India provides tools to show that the observed … correlation between farm productivity and neighbors' education is likely to be a spillover effect. In particular, there are no …
Persistent link: https://www.econbiz.de/10012008386
compares the level of labor productivity in 22 upper-middle-income countries and 11 high-income countries for which comparable … data are available. The results show that labor productivity in the upper-middle-income countries is about 57.5 percent … lower than in the high-income countries. The productivity difference is robust and holds for firms of different sizes and …
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