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Which structural reforms affect labour productivity growth in developing countries? This paper answers this question by … that financial reforms, trade reforms, and product market reforms boost labour productivity growth. By documenting the main … channels, our results reveal that the reforms studied stimulate labour productivity growth by inducing dynamic efficiency …
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endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped … "residual" productivity required to explain the observed per-capita income differences by more than one half. …
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