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This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption on carbon emissions in a sample of Next-Eleven (N-11) countries. It uses modern econometric techniques to highlight a long-run interplay between selected variables in the carbon...
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factor productivity, GDP volatility, negative returns on investment, and a labor force that is too reliant on government …
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This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into …, technology and human development determinants of TFP growth. Our results show that unobservable technical changes remain the most …
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