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Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...
Persistent link: https://www.econbiz.de/10005556063
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...
Persistent link: https://www.econbiz.de/10005062447
, index number and envelopment analysis methods. TFP growth rate average is 1.1% for both gross output based and net value …. Share of capital is constantly increasing. For the period just after the reforms (1991-1997), input growth jumps but TFP … growth is negative. But after 1998, the trend reverses and output grows slowly despite negative input growth due to large TFP …
Persistent link: https://www.econbiz.de/10012718180
This paper answers the puzzling questions that why under the similar set of economic conditions service sector in India grew while manufacturing could not and how economic reforms in 1990s accelerated the productivity growth. The paper provides a very innovative and convincing explanation. Two...
Persistent link: https://www.econbiz.de/10012718182
accounting for human capital, total factor productivity differences over time accounts for 48% to 69% of output variation. TFP … after using the Mincer wage regression coefficients, TFP growth still remains significant in explaining the output growth … improvement (TFP) rather than input accumulation growth …
Persistent link: https://www.econbiz.de/10014214898
This study was prepared by Andreas Kuhlmann, while he was working with the Ifo Institute for Economic Research. It was completed in September 2006 and was accepted as a Ph.D. thesis by the Economics Department of the University of Munich. The subject of this study is the analysis of network...
Persistent link: https://www.econbiz.de/10011747619
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