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This article examines the impact of human capital and openness on total factor productivity (TFP) for five South Asian … derived from the panel cointegration techniques provide evidence of a long-run relationship among the variables. The dynamic … ordinary least squares (DOLS) results show that the long-run elasticities of TFP with respect to human capital and openness are …
Persistent link: https://www.econbiz.de/10010803583
1953-2004 by using panel time series econometric techniques. It is observed that openness affect economic growth positively …. Therefore, openness has become the one of the most important factor affecting economic growth of the nations. On the other hand …, it is very important to determine the optimal time and level of openness for obtaining benefit from international trade …
Persistent link: https://www.econbiz.de/10010756140
1953-2004 by using panel time series econometric techniques. It is observed that openness affect economic growth positively …. Therefore, openness has become the one of the most important factor affecting economic growth of the nations. On the other hand …, it is very important to determine the optimal time and level of openness for obtaining benefit from international trade …
Persistent link: https://www.econbiz.de/10010764173
productivity for eleven Japanese manufacturing industries and test whether a smaller productivity gap leads to slower growth, and … Japanese and US productivity have been growing a similar rates since the mid-1970s, and the some of the Japanese growth … slowdown is attributable to the exhaustion of imitation possibilities. Furthermore, since Japanese total factor productivity …
Persistent link: https://www.econbiz.de/10010604936
inflation undermines total factor productivity, which makes working and physical capital formation less attractive. If young … economy declines. The increase in human capital, however, induces strong output growth after the crisis. Using GMM panel …
Persistent link: https://www.econbiz.de/10004983123
effects of FDI on productivity growth. This paper contributes to the existing studies by applying the rho's rank correlation …
Persistent link: https://www.econbiz.de/10009352786
The country studies and their background papers included in this book were prepared for the Latin America and the Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort conducted in association with the Latin American and...
Persistent link: https://www.econbiz.de/10010943575
The country studies and their background papers included in this book were prepared for the Latin America and the Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort conducted in association with the Latin American and...
Persistent link: https://www.econbiz.de/10010772497
the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods … rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom …
Persistent link: https://www.econbiz.de/10008839352
capital. Theoretically, the stock of knowledge available in a country determines through innovation productivity growth. In … that way, we use a Vector Error Correction model (VECM) to evaluate the impact of human capital on productivity growth …. Productivity is approximated by the Total factors Productivity (TFP) evaluated by growth accounting method. Our estimates show that …
Persistent link: https://www.econbiz.de/10005621943