Showing 1 - 10 of 249
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
Brazil approaches its 2018 election with an economy that is gradually recovering from the deepest recession in its … rising incomes. This book explores the drivers of future employment and income growth. Its key finding: Brazil needs to … dramatically improve its performance across all industries in terms of productivity if the country is to provide better jobs for …
Persistent link: https://www.econbiz.de/10012644126
Persistent link: https://www.econbiz.de/10012644930
agriculture productivity growth that has occurred in Brazil in recent decades, identifying opportunities and challenges for future … light on lessons that can contribute to efforts to boost productivity in other sectors within Brazil. The report is divided … agriculture productivity in Brazil while having positive social (poverty reduction and jobs) and environmental impacts …
Persistent link: https://www.econbiz.de/10012646335
This paper explores the link between exports and total factor productivity in Brazilian manufacturing firms over the … significantly, but with stagnant aggregate growth in total factor productivity. The paper first estimates firm-level total factor … productivity under alternative assumptions (exogenous and endogenous law of motion for productivity) following a GMM procedure. In …
Persistent link: https://www.econbiz.de/10012245978
Persistent link: https://www.econbiz.de/10012246120
An export-oriented development strategy fostered the Asia Pacific region's economic success, making it the fastest growing region in the world. In recent years, despite waning demand from the crisis-hit Western economies, the accelerating demand from China boosted intraregional trade in Asia....
Persistent link: https://www.econbiz.de/10012245690
This paper examines the causal relationship between energy efficiency and economic growth based on panel data for 56 high- and middle-income countries from 1978 to 2012. Using a panel vector autoregression approach, the study finds evidence of a long-run Granger causality from economic growth to...
Persistent link: https://www.econbiz.de/10012246038
Persistent link: https://www.econbiz.de/10012246124
This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between 1970 and 2016, by using a heterogeneous panel vector-autoregressive model. The methodology allows accounting for differences across groups of countries (advanced economies,...
Persistent link: https://www.econbiz.de/10012059222