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boost rural productivity and shift labor to boost real wages. One simulation shows how a temporary program of targeted … expansion in the primary tradable sector and positive permanent productivity and welfare effects, leading to a steady decline in …
Persistent link: https://www.econbiz.de/10012918516
economic fundamentals, such as savings, investment, productivity, and export diversification, remain stagnant. The good news in …
Persistent link: https://www.econbiz.de/10012772699
This paper discusses the analytical foundations of international comparisons for assessing a country's potential for improvement along various dimensions of social and economic development. The paper presents the Stochastic Frontier approach and applies it to estimate feasible frontiers or...
Persistent link: https://www.econbiz.de/10012828629
level adoption of information and communications technology leads to increases in firm productivity and wages, and that the … effects are heterogeneous across firms, being larger for initially high-productivity and high-skill firms. The increase in … wages occurs even after controlling for skill composition, implying that there are productivity and rent-sharing mechanisms …
Persistent link: https://www.econbiz.de/10012928678
as usage by firms, innovation, and productivity using firm-level data for a sample of six Sub-Saharan African countries … countries. However, the final impact on productivity depends on the degree of novelty of the innovation introduced by the firm …
Persistent link: https://www.econbiz.de/10012967488
This paper uses the dramatic expansion of access to the Internet in China to analyze the impact of the Internet on firm performance. The paper combines firm-level production data with province-level information on Internet penetration to examine how the rollout of the Internet across Chinese...
Persistent link: https://www.econbiz.de/10012931905
business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis …
Persistent link: https://www.econbiz.de/10012951517
To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the World Bank?s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the former adjusted for its quality. The paper presents...
Persistent link: https://www.econbiz.de/10012909745
This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation … representing each of the main categories of productivity determinants and, combining them through principal component analysis …
Persistent link: https://www.econbiz.de/10012870812
This paper examines the role of changes in sectoral productivity gaps over time in accounting for growth realized by … countries over the past few decades. To quantify the productivity impact of the sectoral gaps, a simple model of resource … changes in distortions is because of unrealized gains suggested by high levels of present distortions, productivity gains are …
Persistent link: https://www.econbiz.de/10012968722