capital and slowing growth rates of total factor productivity and human capital. Strong reforms are required for Malaysia to …, and total factor productivity. In the strong reform scenario, based on growth drivers achieving a target corresponding to …

One of the most important lessons in economics is that productivity is key to economic growth. Productivity is defined … in economic theory as the ratio of output over input. Productivity is mainly driven by four components: innovation …

100 countries. In parallel, the paper presents a measure of total factor productivity (TFP), largely obtained from the …. The paper then examines the relationship between the measures of TFP and its determinants. The variance of productivity …This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on …

through its effect on productivity: the entry and exit of firms and the reallocation of resources from less to more efficient … firms explain a relevant part of transitional productivity dynamics. In this paper we use a stochastic general equilibrium …