) diffusion, financial development and economic growth in the panel of developing countries for 2005-2019. Design …/methodology/approach - The study employed the principal component analysis (PCA) to extract the index of ICT diffusion. First-generation panel … ordinary least squares (DOLS). The panel Granger causality approach examined the short-run and long-run causality. Findings …

importance of these two mechanisms in Asian development based on a unified framework. Using canonical cross-economy panel data …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …

rates and capital stock per efficiency unit of labor growth rates both have a common panel unit root. Since the panel …

that changes affecting agriculture have large aggregate effects. Thus, it seems reasonable that agricultural productivity …. In fact, agriculture in most developing countries has very low productivity relative to the rest of the economy …. Expanding a low-productivity sector might not be unambiguously good for growth. Moreover, there are issues of reverse causation …

importance of total factor productivity and the accumulation of factors of production in the economic development performance of … advanced countries and peer countries in other regions. The paper finds that total factor productivity is the predominant … factor: low productivity and slow productivity growth, as opposed to impediments to factor accumulation, are the key to …