Showing 1 - 10 of 22,560
This paper explores the business cycle in Bulgaria and the Baltic countries: Estonia, Latvia and Lithuania during the … crucial for the output performance throughout the period in Bulgaria and the Baltic countries, a finding that has important …
Persistent link: https://www.econbiz.de/10011488506
allocation, employs growth accounting in Bulgaria relative to a frontier country (Germany), and tries to explain the Total Factor … better and a "catching up" effect of Bulgaria’s Total Factor Productivity levels towards those of Germany has been observed …. Finally, the study provides policy recommendations facilitating the Invisible Hand Process in Bulgaria for a more rapid …
Persistent link: https://www.econbiz.de/10011451790
allocation, employs growth accounting in Bulgaria relative to a frontier country (Germany), and tries to explain the Total Factor … better and a "catching up" effect of Bulgaria's Total Factor Productivity levels towards those of Germany has been observed …. Finally, the study provides policy recommendations facilitating the Invisible Hand Process in Bulgaria for a more rapid …
Persistent link: https://www.econbiz.de/10011660207
This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence...
Persistent link: https://www.econbiz.de/10005825610
This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of the United States, the euro area, and Japan in the emergence and evolution of today's global trade imbalances. Simulation results based on a dynamic general equilibrium model of...
Persistent link: https://www.econbiz.de/10005825739
The empirical analysis of the micro links between trade and knowledge diffusion allows us to distinguish among the key predictions of the theoretical literature on endogenous growth. This literature postulates that total factor productivity (TFP) is higher when trade gives access to a wider or...
Persistent link: https://www.econbiz.de/10011608591
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of countries with persistently different levels of income per...
Persistent link: https://www.econbiz.de/10010295589
This paper examines the role of international openness on the change of firm productivity in Southeastern Europe (SEE). This is a crucial question for middel income countries. Using firm-level date for six transition economies over the period 1994-2002, we identify whether foreign ownership and...
Persistent link: https://www.econbiz.de/10010313406
This paper presents a simultaneous assessment of the relationship between economic performance and three groups of economic reforms: domestic finance, trade, and the capital account. Among these, domestic financial reforms, and trade reforms, are robustly associated with economic growth, but...
Persistent link: https://www.econbiz.de/10008561089
This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial "transformational recession"...
Persistent link: https://www.econbiz.de/10005768886