This research addresses the estimation of total factor productivity for Nicaragua throughout the period 1960-2019 by means of three methods: Solow residual, direct substitution method, and Malmquist index. Based on the results obtained, it is concluded that the direct substitution method is more...

Spanish Abstract: A pesar del carácter exógeno de la crisis sanitaria debida al COVID-19, su intensidad y persistencia podrían provocar un impacto negativo sobre el crecimiento económico a largo plazo. Este artículo ofrece una discusión exhaustiva sobre los diversos canales a través de...

The recent empirical evidence shows that plant level dynamics are relevant to explain economic growth. The reallocation of resources across incumbent plants, and the process of entry and exit of plants account for a quantitatively relevant fraction of changes in total factor productivity;...

Taking a sample of 24 OECD countries, using a cointegrated panel, empirical evidence is provided at group and individual level of the positive effect of spending on research, development and innovation on economic growth during the 2000-2019 period. Assuming that patents act as a proxy for...

Following the basic hypothesis of the a new approach in the analysis of the economic development, the principal reason for the actual gap in the per capita income between developed and developing countries (former European colonies) is the original wealth concentration. In this paper we tested a...

The assessment on the relevance of public spending on economic growth has deserved an important attention in the economic literature. However its empirical approach by testing the effects by an aggregate production function may mislead the results since the composition of public expenditure,...

Taking a sample of 24 OECD countries, using a cointegrated panel, empirical evidence is provided at group and individual level of the positive effect of spending on research, development and innovation on economic growth during the 2000-2019 period. Assuming that patents act as a proxy for...

This article argues that a developed productive structure is characterized by its complexity in inter - industrial relationships, which can be measured by the size of connections between sectors as well as by the economic distance that separates them. To evaluate this, the notion of "average...

This article argues that a developed productive structure is characterized by its complexity in inter - industrial relationships, which can be measured by the size of connections between sectors as well as by the economic distance that separates them. To evaluate this, the notion of "average...