Showing 1 - 10 of 388
– principally capital, but also labour. Technological progress, as measured by total factor productivity (TFP) growth effectively … growth. TFP growth, by contrast, became the major source of growth (Fedderke, 2005: 10). It is of singular importance that … TFP growth became so significant in a context where there are very major unemployed human resources – and with this …
Persistent link: https://www.econbiz.de/10009475863
Simple plots of data show that malaria has a negative correlation with national income per capita, whether looking across countries at a point in time, or looking at a single country over time. Some countries have been able to move from an equilibrium characterized by low income and high...
Persistent link: https://www.econbiz.de/10009446098
This paper reinvestigates the energy consumption-GDP growth nexus in a panel error correction model using data on 20 …
Persistent link: https://www.econbiz.de/10009448305
The article deals with problems of economic development and regional disparities in the Czech Republic and changes of the disparities from 1995 to 2005 among Czech regions.
Persistent link: https://www.econbiz.de/10011315759
The 25 year period of transition in newly independent post-USSR states did not bring either of them to a desired target – mid-European level of economy. Against this sad background China represents a unique example of successful economic reforms, which lead to rapid economic development and...
Persistent link: https://www.econbiz.de/10011437098
There is a large literature that tests the univariate time series properties of the real output series following the seminal work of Nelson and Plosser (1982). Whether or not real output is characterized by a unit root process has important implications. A unit root in real output, for instance,...
Persistent link: https://www.econbiz.de/10009483798
This study addresses the potential trade-off between inflation and exchange rate targeting in former transition countries, which now may be labeled emerging market economies and which prepare for entry into the Economic and Monetary Union (EMU). Among this group of countries, some implemented...
Persistent link: https://www.econbiz.de/10009429025
through exports and increases in TFP is so strong that the phrase “learning by exporting” has come to mean an increase in TFP … measured TFP fails to rise after exports start. In making this criticism, we are contributing to a stream of recent papers … industry, while we find only weak evidence of TFP growth after exporting, we find strong evidence of significant increases in …
Persistent link: https://www.econbiz.de/10009441088
of biased technical progress. This paper demonstrates the correction of factor shares used in the construction of a TFP … weights and the resulting TFPs are compared. There does appear to be some significant bias in TFP if the effect of biased …
Persistent link: https://www.econbiz.de/10009442441
This study attempts to examine the empirical relationship between trade and total factorproductivity (TFP) in the … there is a robust relationship among TFP, degree ofopenness, and capital formation. Whereas, debt was found to be inversely …
Persistent link: https://www.econbiz.de/10009446319