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Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow … theory of development consistent with these three facts. I show that even when total factor productivity (TFP) growth and … gross output production in manufacturing implies a larger growth and volatility of TFP at the value added level in …
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of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in …
Persistent link: https://www.econbiz.de/10005822655
The Going for Growth Reports published since 2005 by the OECD have already established their credibility at the … in accordance with exogenous or endogenous growth theory. On the other hand, the OECD?s growth policy recommendations … raise any G-7 country?s GDP growth forecasts by one percentage point in each and every year of the 2009 to 2014 period. JEL …
Persistent link: https://www.econbiz.de/10008615371
indicate a positive correlation between ICT implementation and economic growth in Mexico. To answer whether ICT may be a key … strategy for economic growth in the Mexican economy is the main purpose of this work. …
Persistent link: https://www.econbiz.de/10009207063
-way causality between FDI and GDP is identified. At the sectoral level, the effects of FDI on growth vary significantly across … sectors. The most striking result obtained is that FDI causes growth in the primary and services sectors, while growth causes …
Persistent link: https://www.econbiz.de/10009393985
-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 during 1992–2007 via a two-stage analysis. In the first stage, we … estimate total factor productivity growth (TFPG) and account for the relative importance of labor, capital, and TFPG in growth …
Persistent link: https://www.econbiz.de/10009245397
Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort … falling behind. The growth record of Latin America in the recent past has been poor. For decades the average income per capita …
Persistent link: https://www.econbiz.de/10010772497