Labor productivity in EMDEs is just under one-fifth of the advanced economy average, while in LICs, it is just 2 … percent. Average productivity growth in EMDEs has picked up rapidly since 2000, renewing interest in the convergence … hypothesis, which predicts that economies with low productivity should close productivity gaps over time. However, the average …

This paper documents the sources of the Republic of Korea's economic growth, as well as the associated productivity … makes significant differences in measuring the magnitudes and directions of change in sectoral total factor productivity …, in the following three decades, the source of growth switched to productivity improvements, mainly engineered by the …

reducing regional inequalities in land productivity. The convergence test allows the idiosyncratic element of productivity to …