Showing 1 - 10 of 2,138
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 Many regulations are outdated, and there are restrictions and barriers on foreign direct …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
) 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
This paper makes an attempt to analyze the pattern of economic growth of North Eastern (NE) States of India and … comparative levels of growth in other advanced Indian states. The North Eastern states are lagging far behind the advanced Indian … states in terms of economic development. So it is interesting to study the comparative levels of growth of these two groups …
Persistent link: https://www.econbiz.de/10013147829
reveal two significant trends in the service sector following liberalization in 1991: growth in service sector productivity … of sectoral trade negligibly affects the results. Hence I conclude that services' productivity growth versus the increase … and growth in services' trade. The objective of this paper is to build a simple three sector quantitative model which can …
Persistent link: https://www.econbiz.de/10010273503
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …
Persistent link: https://www.econbiz.de/10010531112
productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 … Indian manufacturing industries. The paper then analyses the factors explaining productivity growth, technical change and … the period. The most significant factor affecting efficiency change, technical change and productivity growth is RD …
Persistent link: https://www.econbiz.de/10010437777
the productivity gap in a number of services gives bigger gains in aggregate productivity than closing it in agriculture … removal of these distortions on aggregate productivity using the input-output model and find that this could increase … productivity up to 68%, depending on whether the rents from distortions stay in the economy or not. …
Persistent link: https://www.econbiz.de/10011399235