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The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …
Persistent link: https://www.econbiz.de/10010279209
-tech economy as one example for such a case. It is clear from past literature that rapidly rising productivity levels played a … crucial role. However, the distribution of labor productivity in Chinese firms has not been comprehensively investigated and … it remains an open question if this can be used to guide economic development. We analyze labor productivity and the …
Persistent link: https://www.econbiz.de/10012426584
This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use of Malthus’ (1798) so-called preventive check...
Persistent link: https://www.econbiz.de/10010265680
equilibria scenario, in which manufacturing development and labour productivity dynamics feed back each other. Natural resource …
Persistent link: https://www.econbiz.de/10010326107
that slow growth in agricultural productivity can substantially delay the development process and result in signi cant di … erences in per capita incomes. Some of our results indicate that low agricultural productivity delayed the beginning of the …- cess can be accelerated, however, by increasing productivity in the non-agricultural sector. In fact, in the long run, it …
Persistent link: https://www.econbiz.de/10010326920
Persistent link: https://www.econbiz.de/10011807569
After 10 years of impressive growth, India is now the fourth largest economy in the world. Yet, to date, Indias' impact on global commodity markets has been muted. The authors examine how Indias' domestic and trade policies have distorted and constrained its demand for commodities. They find...
Persistent link: https://www.econbiz.de/10010289725
We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...
Persistent link: https://www.econbiz.de/10010333877
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10010269463
continued increases in productivity and sustaining economic growth. However, focusing solely on anti-corruption for its sake may …
Persistent link: https://www.econbiz.de/10010333542