augmented Solow growth model and, through the use of panel data, can include total factor productivity as a country … total factor productivity. In the panel setting this can explain what it means to have too much capital per worker: these … economies simply do not have enough productivity to maintain their initial levels of per worker capital. This implies that …

and their productivity. Recent work suggests that these calculations should treat workers of different skill levels as … imperfect substitutes. However, under this approach, it has been challenging to compute skill-specific productivity levels for a … data set on labor force composition to construct measures of productivity for workers in three distinct skill categories …

In recent decades, the ASEAN economies have implemented a number of regional integration policies. Using a panel … dataset of 10 ASEAN countries from 1980 to 2017, this study examines the productivity and efficiency of the ASEAN economies … productivity index to provide estimates of gross technical efficiency, technical progress and returns to scale change, while taking …

This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity …. The information technologies Sectors have the highest mark-ups for maximizing productivity growth. The persistence of …

considered as a measure of this objective and, in turn, as a measure of productivity in relation to the production process in … panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of “economics …

function specified as static and dynamic models using panel data. In estimating the production function, it applies a single … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …

We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and … US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …

A country's growth of output is identically equal to its ratio of investment to output and the productivity of … productivity of investment differs between countries. This paper converts a "new" growth theory regression equation into … productivity of investment equation which allows for the direct testing of the diminishing returns to capital hypothesis of …

Economic analysts have used trends in total factor productivity (TFP) to evaluate the effectiveness with which …

function specified as static and dynamic models using panel data. In estimating the production function, it applies a single … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …