English Abstract: This paper explores the role of human capital in explaining labor productivity growth in Korea … expenditures. This human capital growth explains about 30% of the labor productivity growth. The result also implies that the … downward trend in Korea's labor productivity growth since 2001 is mainly due to a decline in both capital deepening and TFP …

contributes to discussions of this strategy by comparing the effects of economic growth in South Africa and Nigeria on Sub … characteristics are different from those of integrated unions, the determinants of economic growth in Africa as a whole and unions may … as follows: First, the effects of South Africa's economic growth on Sub-Saharan Africa and the SADC (a representative …

English Abstract: Most of previous studies exploring the effect of demographic change on economic growth are based upon …. Against this background, this paper conducts empirical analyses on the effect of demographic change on economic growth with … growth in a closed economy could be somewhat exaggerated if the necessary investment resources can inflow in an open economy …

English Abstract: Labor productivity growth in Korea has been slowing down across all industries in the 2000s, which … has acted to lower national economic growth substantially. The productivity gap between Korea and advanced economies has … to adopt differentiated growth strategies that take account of productivity levels and industry characteristics. The …

English Abstract: This paper examines whether the TFP growth of the Korean economy slowed down in 2000s based on growth … accounting, focusing on how sensitive the results are to the particular aspects of the growth accounting method. There has been … details of the growth accounting method. Main results of this paper are as follows. First, it is how to calculate the labor …

contributions to total factor productivity growth for manufacturing, using the Korean plant-level manufacturing data for the period …

English Abstract: Using an unobserved components model that features trend growth as a random walk, we find that GDP … trend growth rates had gradually declined from the late 1980s to early 2010s in Korea. To uncover the underlying drivers of … the slowdown, we use trend growth accounting. A major, common driver appears to be a significant decline in the growth …