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We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost of primary inputs. We show how to aggregate plant-level data to this measure and how to use plant-level data to decompose our measure into technical efficiency and reallocation...
Persistent link: https://www.econbiz.de/10013222069
We define aggregate productivity growth as the change in aggregate final demand minus the change in the aggregate cost of primary inputs. We show how to aggregate plant-level data to this measure and how to use plant-level data to decompose our measure into technical efficiency and reallocation...
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Colombia reduced import protection along with explicit export promotion schemes in the early 1990s. Capital flows were … 2000 mainly due to a collapse of private investment. Non-traditional export growth had been the engine of the economy in … growth did virtually nothing to reduce poverty. Simulations with a CGE for Colombia suggest that these trends are not due to …
Persistent link: https://www.econbiz.de/10014194841
Analyses of Colombian data have generally failed to confirm the hypothesis of export-led growth. In this paper, we … generate several measures of export diversification and structural change in exports, and argue that these measures are useful … in assessing growth externalities generated by the export sector. In a simultaneous-equations framework, increases in the …
Persistent link: https://www.econbiz.de/10014217245
theoretical model is developed to explain the dynamics between two nontraditional export sectors and the long run economic growth … in Colombia to bring forth anexample of real world relevance …
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