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in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation …
Persistent link: https://www.econbiz.de/10010790356
the robustness of its results. While total factor productivity initially appears to be the most important driver of output …
Persistent link: https://www.econbiz.de/10011276682
Purpose – The purpose of this paper is to analyse the relationship between infrastructure and total factor productivity … authors hypothesise that an increase in infrastructure has an indirect effect on output by raising productivity. To assess …
Persistent link: https://www.econbiz.de/10009421142
productivity or aggregate efficiency –appears to be the most important driver of output per worker gaps in Latin America and the …
Persistent link: https://www.econbiz.de/10010762713
this poor performance by using development accounting techniques. The results point towards total factor productivity as … the main culprit for the region’s lack of convergence. In order to investigate what causes the lack of productivity catch …
Persistent link: https://www.econbiz.de/10008522019
importance of total factor productivity and the accumulation of factors of production in the economic development performance of … advanced countries and peer countries in other regions. We find that total factor productivity is the predominant factor: low … and slow productivity, as opposed to impediments to factor accumulation, is the key to understand Latin America’s low …
Persistent link: https://www.econbiz.de/10008525329
The country studies and their background papers included in this book were prepared for the Latin America and the Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort conducted in association with the Latin American and...
Persistent link: https://www.econbiz.de/10010943575
Total factor productivity growth was stagnant or slowing in many advanced countries even prior to the crisis. This … paper documents sector-level productivity patterns across advanced economies prior to the crisis and examines the role of … driving productivity differences across sectors and countries. Since productivity payoffs of reforms evolve over time, we also …
Persistent link: https://www.econbiz.de/10011245883
This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … based on estimates of total factor productivity. The second one decomposes productivity growth into two sources: investment … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States. …
Persistent link: https://www.econbiz.de/10005248234
collapsing investment and shrinking employment. Sharp declines in productivity, reflecting in part transition-related factors …
Persistent link: https://www.econbiz.de/10005263697