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Indian Economy - TFP or Factor Accumulation : A Comprehensive Growth Accounting Exercise
Gupta, Abhay - 2008
accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP … after using the Mincer wage regression coefficients, TFP growth still remains significant in explaining the output growth … improvement (TFP) rather than input accumulation growth …
Persistent link: https://www.econbiz.de/10014214898
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Tangible and intangible assets in the growth performance of the EU, Japan and the US
Adarov, Amat; Stehrer, Robert - 2019
This paper discusses new results using the EU KLEMS 2019 Release focussing on the role of ICT and intangibles assets employing a growth accounting framework and an econometric analysis. The EU KLEMS 2019 data covers most EU Member States, the US and Japan, forty detailed industries according to...
Persistent link: https://www.econbiz.de/10012154247
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Editor's Overview
Sharpe, Andrew - In: International Productivity Monitor 1 (2000) Fall, pp. 1-2
This the inaugural issue of the International Productivity Monitor, a new publication produced by the Ottawa-based Centre for the Study of Living Standards (CSLS). The objective of the Monitor is to focus atttention on the importance of productivity for improving living standards and quality of...
Persistent link: https://www.econbiz.de/10005650237
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Climatic conditions, cultural diversity, and labor productivity
Gundlach, Erich; Matus-Velasco, Ximena - 2000
Countries with the highest labor productivity overwhelmingly lie in the world's temperate climatic zones far away from the equator. The question we address is whether climatic conditions as measured by distance from the equator remain correlated with labor productivity after other variables are...
Persistent link: https://www.econbiz.de/10011490509
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Is growth an information technology story in Europe too?
Daveri, Francesco - 2000 - This draft: July 21, 2000
While the return to growth in the US is largely credited to the rapid spreading of information technology, a key policy concern everywhere, and notably in Europe, is whether and when the US economic boom will extend abroad, and what role new technologies are about to play. In this paper, I...
Persistent link: https://www.econbiz.de/10011536573
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Deconstructing China's and India's growth : the role of financial policies
Aziz, Jahangir (contributor) - 2008
This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10003758478
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Transition Dynamics in the Neoclassical Growth Model : The Case of South Korea
Chang, Yongsung - 2013
Many successful examples of economic development, such as South Korea, exhibit long periods of sustained capital accumulation. This process is characterized by a gradually rising investment rate along with a moderate rate of return to capital, both of which are strongly at odds with the standard...
Persistent link: https://www.econbiz.de/10013089370
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Reviving Investment and Growth in Pakistan
Zaman, Arshad - 2021
Sovereign nations grow faster than non-sovereign ones. When Pakistan ceded economic management to the IMF in the late 1980s, the turn to neo-liberalism led to 14 years of decline in long-run rate of investment and growth from which it hasn't recovered. This cost the economy an estimated $75.6...
Persistent link: https://www.econbiz.de/10013240764
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Accounting for China's Growth
Brandt, Loren; Zhu, Xiaodong - University of Toronto, Department of Economics - 2010
, there have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young … to the role of rising rates of investment. Because labor reallocations across sectors, TFP growth at the sector level and … modest role for labor reallocation and capital deepening, and identify rising TFP in the non-state nonagricultural sector as …
Persistent link: https://www.econbiz.de/10008636444
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Why did socialist economies fail?
Vonyó, Tamás; Klein, Alexander - 2017
We present new investment data and revised growth accounts for three socialist economies between 1950 and 1989. Government statistics reported distorted measures for both the rate and trajectory of productivity growth in Czechoslovakia, Hungary, and Poland. Researchers have benefited from...
Persistent link: https://www.econbiz.de/10011646830