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GDP per capita growth rates in Russia have been amongst the highest in the world since the mid-1990s. Previous growth accounting research at the macro-level suggests that this was mainly driven by multi-factor productivity (MFP) growth. In this paper we analyze for the first time the drivers of...
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type="main" <title type="main">ABSTRACT</title> <p>Denser networks of intermediate input flows between countries suggest ongoing international fragmentation of production chains. But is this process mainly taking place between countries within a region, or is it truly global? We provide new macroeconomic evidence by...</p>
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In this paper, we "slice up the global value chain" using a decomposition technique that has recently become feasible due to the development of the World Input-Output Database. We trace the value added by all labor and capital that is directly and indirectly needed for the production of final...
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The outstanding economic performance of East Asian countries has been investigated in numerous studies. However, most comparative studies analyze macro-level productivity. In this book, the productivity performance of China, Korea, Japan, Taiwan and the United States are compared at industry...
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