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productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …
Persistent link: https://www.econbiz.de/10008658803
productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …
Persistent link: https://www.econbiz.de/10013137876
productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …
Persistent link: https://www.econbiz.de/10013138571
productivity growth, and decompose it into technical efficiency change and technical progress. Our empirical results indicate that … world productivity growth was led by fast-growing newly emerging economies, whereas most developed countries experienced a … decrease in productivity growth. Technical efficiency change significantly contributed to economic growth for many fast …
Persistent link: https://www.econbiz.de/10009245409
manufacturing sector to decompose total factor productivity growth into technical efficiency change and technical progress for … industries and firm sizes, leading to total factor productivity growth. The analysis identifies the industries and firm sizes … that lag the most in productivity, and thus have the greatest scope for policies that facilitate productivity growth …
Persistent link: https://www.econbiz.de/10013142888
give rise to a silver dividend that contributes to economic growth (ADB 2019). While the demographic dividend refers to the … sources of growth in an aging society. Extending Lee and Shin (2021) to include developing countries, we examine the potential … for a silver dividend by investigating the channels through which population aging affects economic growth. We find that …
Persistent link: https://www.econbiz.de/10014549303
-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources … of economic growth in 12 developing Asian economies during 1992-2007 via a two-stage analysis. In the first stage, we … estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …
Persistent link: https://www.econbiz.de/10011432686
prospects as an engine of growth. Our analysis resoundingly confirms the conventional wisdom of an underperforming service …
Persistent link: https://www.econbiz.de/10010507363
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … paper is to empirically analyze the prospects for the service sector as a future engine of growth. Our analysis of 12 Asian …
Persistent link: https://www.econbiz.de/10010507372
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ … between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in …
Persistent link: https://www.econbiz.de/10011725590