This paper empirically investigates and identifies the main contributing factors to output and productivity growth in … Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …

This paper empirically investigates and identifies the main contributing factors to output and productivity growth in … Australia for the period 1950-2005. Cointegration and a vector error-correction model are used along with Granger causality … the cointegration analysis of production in Australia and should be included in the long-run production relationship along …

cointegration and equilibrium correction model for panel data has been used as the analytical framework. First, well …In this paper the impact of market reforms on economic growth has been analyzed using the panel data for 26 post …. Out analysis has detected the existence of cointegration between the level of ERBD reform index and the level of real GDP …

productivity improvements and for that matter economic growth. The consensus is that technological change accounts for a … productivity performance was poor in the 1970s and 1980s, but picked up very strongly by the 1990s, and was above the OECD average … growth level for the first time in its productivity growth history. However, this high productivity growth rate could not be …

entries has not been fully discussed in cointegration theory. In such cases, the use of standard VECM models may lead to …

This paper briefly presents the results of a total factor productivity (TFP) study of South African commercial …

– principally capital, but also labour. Technological progress, as measured by total factor productivity (TFP) growth effectively … indeed those who have formal employment whose productivity and remuneration have risen, have benefited from a pattern of …, receives little recognition. One significant illustration of this is the South African treasury appointed international panel …

rate model, namely: differences in the theoretical underpinnings; differences in the econometric estimation techniques; and …