Showing 1 - 10 of 225
This paper investigates the sources of growth in manufacturing productivity in Cote D'Ivoire, Ethiopia and Tanzania in … reallocation of market share between firms contributed substantially to productivity growth in each of the four countries, although … impact on aggregate productivity growth than closing (or exiting) plants. Unlike the case with Cote D'Ivoire and of Ethiopia …
Persistent link: https://www.econbiz.de/10012114087
This paper examines the growth-inflation nexus in Franc zone currency unions. It aims at estimating the inflation …
Persistent link: https://www.econbiz.de/10012388649
What is the efficiency cost of rent-seeking activities in Argentina? This paper quantitatively shows that rent-seeking activities in the form of bribes have aggregate effects through two channels. First, they generate misallocation of resources across firms because they prevent resources from...
Persistent link: https://www.econbiz.de/10012257045
and North Africa. The paper first documents the existing financial system in the region. The system is heavily skewed … contestability and fintech development. The paper is a call to the authorities and policy makers in the Middle East and North Africa …
Persistent link: https://www.econbiz.de/10012257125
This paper documents that structural change positively contributed to labor productivity growth in Guinea during 2006 …-15. However, the contribution of structural change to productivity growth was modest (about one percentage point per year on … of structural change to productivity growth has declined over time, mainly due to the increased labor market rigidity …
Persistent link: https://www.econbiz.de/10012297771
This paper examines the growth effects of different dimensions of international trade integration-notably, volume …, diversification, and natural resource dependence-in Sub-Saharan Africa. First, the paper documents the recent trends in these foreign … trade dimensions for the region and the traditional sources of growth. Second, it empirically estimates the impact of trade …
Persistent link: https://www.econbiz.de/10012051790
Ethiopia has achieved sustained high growth for more than a decade. At the same time, the country has been facing … economic growth. Currency undervaluation is a second-best policy intervention that can help offset some of the key constraints … to manufacturing growth prevalent in low-income countries and speed up structural transformation. However, exchange rate …
Persistent link: https://www.econbiz.de/10012051824
the average rate of economic growth in the Middle East and North Africa has not only been significantly lower than that in …This paper documents the existence of a "middle-income trap" for the Middle East and North Africa region. It argues … that the economic woes of the Middle East and North Africa offer new insights into the debate on the trap which has thus …
Persistent link: https://www.econbiz.de/10012051834
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks … down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction … brings to light three regional growth dynamics: the first is centered on commodities and South America, the second on …
Persistent link: https://www.econbiz.de/10012051845
Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global … countries. This paper brings these two perspectives together by analyzing international growth fluctuations in a setting that … that the cross-country dependence of aggregate growth is the combined result of global shocks summarized by a latent common …
Persistent link: https://www.econbiz.de/10012008277