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. Using the GGDC/UNU-WIDER Economic Transformation Database, we find that labour productivity improvements explain more than … half of economic growth in the period 1980-2021. This is mainly thanks to within-sector productivity improvements, while …
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-effects model, the estimates confirm two waves of growth. Total factor productivity and revealed comparative advantages are …
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The article examines prospects for policy to enhance contemporary economic development. Shortcomings of mainstream economic analyses are evident since the Cold War, with failure to establish policy doctrines engaging with developing countries' structural transformation: on average, not...
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