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We examine the evolution of industrial output in Bulgaria, Hungary, Poland and Romania over the period 1989-1995 in terms of product trade orientation prior to the transition process, some products traded in a market economy while others traded in the artificial market of the Soviet Bloc. We...
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This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and economic growth dynamics, and (ii) the relevance of value added from three economic sectors in modulating the established effect of FDI on TFP and economic growth dynamics. The...
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This paper investigates the sources of growth in manufacturing productivity in Cote D'Ivoire, Ethiopia and Tanzania in comparison with the case of Bangladesh. Based on the analysis of establishment census data since the mid-1990s, it finds that reallocation of market share between firms...
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We derive asymptotic properties of estimators and test statistics to determine - in a grouped data setting - common versus group-specific factors. Despite the fact that our test statistic for the number of common factors, under the null, involves a parameter at the boundary (related to unit...
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Aufbauend auf einem von Kaldor 1967 entwickelten Ansatz wird der Einfluss der Industrieproduktion auf das … Wachstumsraten des Bruttoinlandsprodukts von mehr als 3 Prozent je Jahr nur zu erreichen sind, wenn die Industrie noch rascher wächst … Aufschwüngen zieht die viel stärker als die übrigen Sektoren schwankende Industrieproduktion das gesamtwirtschaftliche Wachstum …
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