The Mexican economy has shown four decades of slow growth; still it would be reasonable to expect changes in its productive structure along such a long period of time considered, as a result either of the embodied technical change or as a result of the economic policies, that have sought the...

The general consensus among health economists is that the increasing capability of medical providers-often called medical "technology"-is responsible for the majority of growth in medical expenditure. And yet, the principle means of understanding medical technology is through the use of total...

The expansion of trade relationships among East Asian economies along with the high economic growth rate in these countries within the last three decades has demonstrated their accomplishment in transferring the benefits of trade into their economies and increasing their production capacities....

This paper attempts to analyze sources of output growth in the Indian economy using Input-Output based Structural Decomposition Analysis over the period 1993-4 to 2003-4. The decomposition results show that overall output expansion of the economy was primarily driven by increase in domestic...

The Mexican economy has shown four decades of slow growth; still it would be reasonable to expect changes in its productive structure along such a long period of time considered, as a result either of the embodied technical change or as a result of the economic policies, that have sought the...

Globally, a greater component of trade in intermediates – parts and components – is a characteristic of the changing paradigm of international trade. Consequently, alongside the increasing trade openness of the Indian economy, the access to international factors of production has increased...

The author argues that the economic benefits of low gasoline prices for the U.S. economy have fallen substantially since the reemergence of America as a major oil producer. The old rule-ofthumb that a 10% fall in the oil price raises inflation-adjusted U.S. GDP by 0.2% is too large - the impact...

This paper provides a comprehensive analysis of the supply and demand side of structural transformation in Turkey. Using the GGDC/UNU-WIDER Economic Transformation Database, we find that labour productivity improvements explain more than half of economic growth in the period 1980-2021. This is...

The main purpose of this study is to determine what are the main factors which stand behind the diversity in performance of business services measured by their contribution to growth in the EU Member States. We show that in addition to typical growth factors which enhance labour productivity,...

This paper adopts a macroeconomic structural decomposition approach to investigate the sources of economic growth of the PRC, particularly the contributions of the import substitution of the intermediate inputs, the private consumption goods and the investment goods. The latter three are...