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This paper examines the relationship between total factor productivity, trade openness, and foreign direct investment to economic growth in 90 middle-income countries from 1990 to 2020. We employ the Generalized Method of Moments with country and period fixed effects to overcome...
Persistent link: https://www.econbiz.de/10014441067
Computable General Equilibrium (CGE) models have gained continuously in popularity as an empirical tool for assessing the impact of trade liberalization on agricultural growth, poverty, and income distribution. However, conventional models ignore the channels linking technical change in...
Persistent link: https://www.econbiz.de/10014190631
associated with manufacturing productivity. Moreover, the link between productivity in services and manufacturing is particularly … strong for manufacturing firms that are more intensive in their use of services inputs. At the mean level of services input … use in the dataset, a 10% improvement in services productivity is associated with a 0.6% improvement in manufacturing …
Persistent link: https://www.econbiz.de/10011107779
Persistent link: https://www.econbiz.de/10011380461
According to the Washington Consensus, developing countries’ growth would benefit from reductions in barriers to trade. However, the empirical basis for judging trade reforms is weak. Econometrics are mostly ad hoc; results are typically not judged against models; policies are poorly measured;...
Persistent link: https://www.econbiz.de/10011294505
This paper compares the effects of management practices and innovation on productivity, using data from the fifth round of the EBRD-WB Business Environment and Enterprise Performance Survey, a unique firm-level survey covering 30 mostly developing countries in eastern Europe and Central Asia in...
Persistent link: https://www.econbiz.de/10012928096
We estimate productivities at the sector level for 72 countries and 5 decades, and examine how they evolve over time in both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew systematically faster in sectors that were initially...
Persistent link: https://www.econbiz.de/10013023960
We estimate productivities at the sector level for 72 countries and 5 decades, and examine how they evolve over time in both developed and developing countries. In both country groups, comparative advantage has become weaker: productivity grew systematically faster in sectors that were initially...
Persistent link: https://www.econbiz.de/10013043955
What is the relationship between foreign aid and economic growth? This is probably one of the most famous questions in the foreign aid – economic growth debate. Whether this question has been sufficiently answered remains to be known. Developing nations have been and continue to be known to...
Persistent link: https://www.econbiz.de/10012950173
This study aims to identify public financial indicators involved in the investment projects of GCC countries. The data was collected from the IMF and the MEED from 2011-2017. The study measured the impact of public finance based on eight variables and two proxies (national and trade accounts) on...
Persistent link: https://www.econbiz.de/10012176087