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It is well established that mis-allocation of factor resources lowers productivity. In this paper, I use data from both … factor revenue productivity (TFPR). I also decompose the variance in TFPR and show that raw material and output distortions …
Persistent link: https://www.econbiz.de/10014093760
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect … the growth of the sector. Many regulations are outdated, and there are restrictions and barriers on foreign direct …
Persistent link: https://www.econbiz.de/10009781184
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect … the growth of the sector. Many regulations are outdated, and there are restrictions and barriers on foreign direct …
Persistent link: https://www.econbiz.de/10010507389
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect … the growth of the sector. Many regulations are outdated, and there are restrictions and barriers on foreign direct …
Persistent link: https://www.econbiz.de/10010840923
, employment and productivity. Moreover, productivity levels are as important as productivity growth trends, as both are pertinent …-state differences in productivity levels and growth rates. It points out that states, such as, Bihar and West Bengal are diverging away … productivity growth in Bihar appears to be high, it has been mainly achieved by joblessness. Madhya Pradesh and Rajasthan, which …
Persistent link: https://www.econbiz.de/10005582762
This article addresses the question of why productivity growth in Indian manufacturing was slow in the pre …-reform period and analyzes how economic reforms in the 1990s accelerated productivity growth. The answer lies in two subtle but … important distortion-inefficiency mechanisms, which affected productivity growth by distorting intermediate input allocation …
Persistent link: https://www.econbiz.de/10008783781
outlook. An Algebraic Model of the author infers that Productivity of the assisted nations should be with reference to their …
Persistent link: https://www.econbiz.de/10005556940
) and the United States decreases, the growth rate of labor productivity within the country decreases. In other words, the … higher the level of productivity in an industry, the lower its growth rate, showing a convergence to the productivity …/China/India. We will compare the convergence between these countries and the productivity frontier represented by the U.S. over the …
Persistent link: https://www.econbiz.de/10013076053
lead to costs in terms of lower output and aggregate total factor productivity (TFP). We use a theoretical framework …
Persistent link: https://www.econbiz.de/10012960923
Finance is a vital ingredient for economic growth, but there can also be too much of it. This study investigates what … fifty years of data for OECD countries have to say about the role of the financial sector for economic growth and income … than boost growth. The composition of finance matters for growth. More credit to the private sector slows growth in most …
Persistent link: https://www.econbiz.de/10013017061