The Producer Price Index (PPI) for the United States suggests that semiconductor prices have barely been falling in recent years, a dramatic contrast to the rapid declines reported from the mid-1980s to the early 2000s. This slowdown in the rate of decline is puzzling in light of evidence that...

This study was conducted by examining the interrelationships between Corruption, Human Resources, and Unemployment in Indonesia. We use data sourced from the World Bank and Transparency International with the period used from 1996 to 2021. This study aims to examine the relationship that exists...

We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...

A simple model of imitation and innovation is developed to explain a complicated picture of relative productivity growth in different countries. The model makes difference between global and local innovations and does not assume that a country always imitates the most advanced technology. It is...

This paper surveys the main issues and controversies in the economic literature on infrastructure in developing countries. Section I reviews the evidence on the role of infrastructure in promoting economic growth. It is argued that, although infrastructure may be more important for growth than...

This paper surveys the main issues and controversies in the economic literature on infrastructure in developing countries. Section I reviews the evidence on the role of infrastructure in promoting economic growth. It is argued that, although infrastructure may be more important for growth than...

We propose an algorithm that identifies paths for structural transformation. The algorithm uses information regarding similarity (distance) between traded goods and finds sequences of traded goods that describe the shortest path between current comparative advantages of a country and its...

The adoption of the 2030 Agenda for Sustainable Development by the United Nations General Assembly in 2015 has refocused global attention on the centrality of sustainability to the development discourse. Meanwhile, African countries are prioritizing structural transformation in their national...

We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation...