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and recent developments in TFP measurement. Results suggest a positive evolution of the total factor productivity during …
Persistent link: https://www.econbiz.de/10005836276
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources of economic growth in 12 developing Asian economies...
Persistent link: https://www.econbiz.de/10009245397
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources of economic growth in 12 developing Asian economies...
Persistent link: https://www.econbiz.de/10011432686
are closely related to increases in TFP. Spanish economic growth went through three successive phases. The century before … 1950 was characterized by slow growth driven by factor accumulation. TFP improvements pushed up explosive growth during the …
Persistent link: https://www.econbiz.de/10005124439
While developing Asia has recovered strongly from the global crisis, the region faces the medium- and long-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources of economic growth in 12 developing Asian economies...
Persistent link: https://www.econbiz.de/10008826310
Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to robust growth in capital accumulation. The contributions of education and total factor productivity in the region’s past economic growth remain relatively limited. Our baseline...
Persistent link: https://www.econbiz.de/10009245407
Using a growth accounting framework, we find that developing Asia grew rapidly over the past 3 decades mainly due to robust growth in capital accumulation. The contributions of education and total factor productivity in the region's past economic growth remain relatively limited. Our baseline...
Persistent link: https://www.econbiz.de/10008749709
productivity (TFP) growth – sharply declined in Europe and has remained weak since the mid-1990s whereas the US has seen … acceleration in TFP. The near-stagnant TFP in market services in the EU-15 is particularly worrying. In both the EU-15 and the US …, the growth contributions from ICT are found to be smaller than those from TFP. However, our empirical analysis suggests …
Persistent link: https://www.econbiz.de/10010840281
accounting framework we examined the contribution of total factor productivity (TFP) to bank output growth. The results show that … growth and labor productivity of the Greek economy. Capital productivity and TFP of the Greek banking industry have also …
Persistent link: https://www.econbiz.de/10009151580
the utilization of the capital stock better. In a growth accounting exercise, this results in higher TFP growth rates …
Persistent link: https://www.econbiz.de/10010671463