rate of total factor productivity. In addition, the first gradual decline in trend growth, which started in the late 1980s …

English Abstract: This study examines the total factor productivity (TFP) changes in the Korean economy, centered on … productivity of 23%. This is mainly due to improvements in efficiency changes such as the catch-up effect and is the highest level … undesirable products, is 1.10, indicating a 10% increase in total factor productivity during the same period. The difference …

regulation on labor productivity through the test and estimation of panel cointegration. Panel cointegration test shows that … there exists a statistically significant cointegration among labor productivity, per capita physical capital stock, per … administrative), the economic regulatory stringency has significantly negative impacts on labor productivity while the social …