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allocation, employs growth accounting in Bulgaria relative to a frontier country (Germany), and tries to explain the Total Factor … better and a "catching up" effect of Bulgaria’s Total Factor Productivity levels towards those of Germany has been observed …. Finally, the study provides policy recommendations facilitating the Invisible Hand Process in Bulgaria for a more rapid …
Persistent link: https://www.econbiz.de/10011451790
allocation, employs growth accounting in Bulgaria relative to a frontier country (Germany), and tries to explain the Total Factor … better and a "catching up" effect of Bulgaria's Total Factor Productivity levels towards those of Germany has been observed …. Finally, the study provides policy recommendations facilitating the Invisible Hand Process in Bulgaria for a more rapid …
Persistent link: https://www.econbiz.de/10011660207
The empirical analysis of the micro links between trade and knowledge diffusion allows us to distinguish among the key predictions of the theoretical literature on endogenous growth. This literature postulates that total factor productivity (TFP) is higher when trade gives access to a wider or...
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Drawing on selective stylized facts, the paper evaluates the growth-effects for African countries and the disruptive potentials resulting from the COVD-19 pandemic, as African countries are involved in intra-regional integration processes. As AfCFTA involving 55 countries (ratified by 22...
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