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Persistent link: https://www.econbiz.de/10011807541
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
Fiscal policy is useful as a government instrument for supporting the economy, contributing to an increase in employment, and reducing inequality through more egalitarian income distribution. Over the past 30 years, developing countries have failed to increase their real wages due to the lack of...
Persistent link: https://www.econbiz.de/10012610188
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Productivity, the efficiency by which firms convert inputs into output is central concept in growth related discussions …. This research is focused on analyzing productivity on a sample of Macedonian firms. The goal is twofold - first, to … construct productivity indicators by using firm-level data, with special focus to construction of total factor productivity (TFP …
Persistent link: https://www.econbiz.de/10012109772
Barriers to investment are often regarded as an important determinant of the variation in international income levels. Nevertheless, in the standard neoclassical growth model, these barriers have only have small effects on per capita incomes. We consider the effects of barriers to accumulation...
Persistent link: https://www.econbiz.de/10010274517
Economic analysts have used trends in total factor productivity (TFP) to evaluate the effectiveness with which …
Persistent link: https://www.econbiz.de/10012818362
We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …
Persistent link: https://www.econbiz.de/10010292361
linking this to productivity, which turns out to be important. The paper also provides an example of modeling productivity …
Persistent link: https://www.econbiz.de/10010294881