Showing 1 - 10 of 618
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 … average), because labor moved from agriculture, the least productive sector, into other relatively low-productivity activities …
Persistent link: https://www.econbiz.de/10012297771
This paper documents the sources of the Republic of Korea's economic growth, as well as the associated productivity … makes significant differences in measuring the magnitudes and directions of change in sectoral total factor productivity …, in the following three decades, the source of growth switched to productivity improvements, mainly engineered by the …
Persistent link: https://www.econbiz.de/10012257002
productivity growth in Malaysia. Using data from the Department of Statistics Malaysia from 1987 to 2018 and decompositions that … structural transformation but instead to sustained growth in within-sector labor productivity. At 3 percent, the contribution of …, the main policy challenge for Malaysia going forward will be to achieve sustainable labor productivity growth within …
Persistent link: https://www.econbiz.de/10012390628
capital and slowing growth rates of total factor productivity and human capital. Strong reforms are required for Malaysia to …, and total factor productivity. In the strong reform scenario, based on growth drivers achieving a target corresponding to …
Persistent link: https://www.econbiz.de/10012241371
This paper aims to fill a gap in the literature on capital formation in China by estimating the capital stock in four economic sectors: business, infrastructure, government, and housing. Such a breakdown is necessary for the purpose of analysis of economic development in China, as the normal...
Persistent link: https://www.econbiz.de/10012257322
aggregate productivity growth. The findings show that within-plant productivity growth, which includes the effects of fast … growth of young plants as well as robust growth of large continuing plants, played an important role in the productivity …. Moreover, productivity growth of an industry accompanied an increase of productivity dispersion, a measure commonly interpreted …
Persistent link: https://www.econbiz.de/10012241373
important in bringing about productivity-enhancing structural change. There is robust evidence that a real devaluation …
Persistent link: https://www.econbiz.de/10012051824
that was freed up in agriculture not being absorbed by high-productivity sectors. Looking at factors that drove growth …
Persistent link: https://www.econbiz.de/10012002718
-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
agricultural productivity in structural transformation in the labor market. The empirical work is based on a general equilibrium … elasticity of demand and the wage elasticity with respect to productivity increase in agriculture. For productivity growth to … significant positive effect of agricultural productivity on rice yield and agricultural wages. Productivity shock increases wages …
Persistent link: https://www.econbiz.de/10012246028