Gomez Sanchez, Andres Mauricio; Sarmiento-Castillo, … - In: Economia : revista da ANPEC 23 (2022) 1, pp. 62-87
regional business cycles and manufacturing productivity in a developing country, namely Colombia. Design … motion of productivity (the Markov process), the authors obtain Total Factor Productivity (TFP) through the Wooldridge's two … results suggest a remarkable causality, both contemporary and non-contemporary, from productivity to GDP (but not vice versa …