factor and spatial effects accruing through the growth of nearby countries-with proximity measured by bilateral trade …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 …

This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … Penn World Table, and assesses the pattern of productivity growth across regions and income groups over the same sample … growth is decomposed into the share explained by each of its main determinants, and the relationship between productivity …

A large literature documents the positive influence of a city's skill structure on its rate of economic growth. By … contrast, the effect of a city's age structure on its economic growth has been a hitherto largely neglected area of research … or seniors. The paper sets out the potential channels through which such differential growth may occur. Using data from a …

This paper examines the growth-inflation nexus in Franc zone currency unions. It aims at estimating the inflation …

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 …

This paper examines the growth effects of different dimensions of international trade integration-notably, volume … trade dimensions for the region and the traditional sources of growth. Second, it empirically estimates the impact of trade … integration on growth per worker and the sources of growth; that is, growth of capital per worker and total factor productivity …

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 …