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Persistent link: https://www.econbiz.de/10000913232
This paper documents the sources of the Republic of Korea's economic growth, as well as the associated productivity … growth and efficiency dynamics during its process of structural transformation from 1970 to 2016. The analysis includes land … makes significant differences in measuring the magnitudes and directions of change in sectoral total factor productivity …
Persistent link: https://www.econbiz.de/10012257002
Estimates of total factor productivity growth, a measure of increases in the efficiency of production, have … countries. This leads to incorrect measures of total factor productivity growth. Using data on natural resources from the World … Organisation for Economic Co-operation and Development, this paper makes new estimates of total factor productivity growth for 74 …
Persistent link: https://www.econbiz.de/10012004727
This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation …, education, market efficiency, infrastructure, and institutions. Based on underlying proxies, the paper constructs indexes …
Persistent link: https://www.econbiz.de/10012022381
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-side channel: capital, labor, and productivity, with the last estimated using the stochastic frontier approach. By controlling for …
Persistent link: https://www.econbiz.de/10012230763
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Persistent link: https://www.econbiz.de/10011561357
The reallocation of resources from low- to high-productivity firms can generate large aggregate productivity gains. The … paper uses data from the Malaysian manufacturing census to measure the country's hypothetical productivity gains when moving … toward the level of within-sector allocative efficiency in the United States to be between 13 and 36 percent. Across three …
Persistent link: https://www.econbiz.de/10011843621