-fertilization of experiences. Total factor productivity comparisons suggest that capital accumulation in China coupled with more …

vocational training or a productive investment grant. The authors identify the relative impact of each complementary package …. Households that received the productive investment grant also had higher average consumption levels. The complementary …

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 …

There is a common perception that low productivity or low growth is due to what can be called an quot …;innovation shortfallquot;, usually identified as a low rate of investment in research and development (Ramp;D) when compared with some high … innovation countries. The usual reaction to this perceived problem is to call for increases in Ramp;D investment rates, usually …

for greater capital accumulation, without being fully reflected in a higher rate of total factor productivity (TFP) growth … the rate of TFP growth. His findings provide evidence against the alternative view that technological improvements are … have been associated with unspectacular rates of TFP growth. The author provides a model to show how an expansion in the …

increase in private sector credit supporting private investment. This was facilitated by a prudent and accommodative regional … monetary policy and improved financial regulation. Pro-cyclical fiscal policies supported public infrastructure investment but …

This paper investigates the role of fiscal guarantees in promoting infrastructure investment. Infrastructure is a … give guarantees for reasons of fiscal prudence. The paper argues that governments and large investment guarantee agencies … be fiscally prudent and yet boost investment, especially in infrastructure, and thereby promote growth …

Few economic ideas are as intuitive as the notion that increasing investment is the best way to raise future output … patterns of investment and capital formation were not the main factors that led nations to be rich or poor, fast-growing or … national investment rates can produce major increases in rates of economic growth. The authors find that although the capital …

business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis …

To analyze the effect of an increase in the quantity or quality of public investment on growth, this paper extends the … model, public investment generates a larger boost to growth if existing stocks of public capital are low, or if public … new public investment, and its effect on growth, are roughly constant across development levels. Second, developing …