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rate of growth of the Total Factor Productivity (TFP)using the Divisia-Tornqvist index and we find that it is independent … its main implication that in the long run growth is only drived by technological progress which is exogenous.We estimate a … evidence against the other basic prediction of the Solow model that the long run growth rate is only determined by …
Persistent link: https://www.econbiz.de/10010992111
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … employment has not kept pace with the share of the sector in gross domestic product and has not produced the number or quality of … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect …
Persistent link: https://www.econbiz.de/10009781184
theoretical framework is presented wherein productivity growth is modelled through knowledge acquisition with respect to labour …This paper addresses the link between productivity and labour mobility. The hypothesis tested in the paper is that … knowledge is then diffused within the new environment creating spillovers and leading to productivity improvements. A …
Persistent link: https://www.econbiz.de/10012099887
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276725
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the … finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow … the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious …
Persistent link: https://www.econbiz.de/10011276784
theoretical framework is presented wherein productivity growth is modelled through knowledge acquisition with respect to labour …This paper addresses the link between productivity and labour mobility. The hypothesis tested in the paper is that … knowledge is then diffused within the new environment creating spillovers and leading to productivity improvements. A …
Persistent link: https://www.econbiz.de/10008513087
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … employment has not kept pace with the share of the sector in gross domestic product and has not produced the number or quality of … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect …
Persistent link: https://www.econbiz.de/10010507389
The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but … employment has not kept pace with the share of the sector in gross domestic product and has not produced the number or quality of … jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect …
Persistent link: https://www.econbiz.de/10010840923
lower total factor productivity growth is the main mechanism through which population aging harms economic growth. Labor … give rise to a silver dividend that contributes to economic growth (ADB 2019). While the demographic dividend refers to the … sources of growth in an aging society. Extending Lee and Shin (2021) to include developing countries, we examine the potential …
Persistent link: https://www.econbiz.de/10014227869
and/or duration of unemployment benefits, cut labour tax wedges and relax employment protection legislation. Past reforms … in these areas might also have contributed to as much as half of GDP per capita growth in OECD countries in the decade …
Persistent link: https://www.econbiz.de/10008799710