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explore determinants of total factor productivity (TFP) growth. Research Design & Methods: The article examines the …, e.g. inequality measured by the Gini coefficient, the growth of information and communications technology (ICT) assets … (VRS). More importantly, there is an increasing contribution of ICT assets to economic growth and economies of scale, which …
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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
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economic growth into capital-deepening and productivity components, to a more complex account of the growth process. In the … more complex account, capital and productivity interact, both are endogenous, and quality change in inputs and output … matters. New developments in micro-level productivity analysis are also reviewed, and the long-standing question of net versus …
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