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neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
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productivity growth. On average, no productivity improvements in labour have been recorded since independence. With an investment … to GDP ratio of only 13 per cent during the past decade, significantly higher productivity growth and investment will be … structural reforms and stronger institutions,higher rates of productivity growth will be hard to achieve …
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neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
Persistent link: https://www.econbiz.de/10013069222
neoclassical growth model. Investment rates and total factor productivity start out low and rise over time. These model dynamics …
Persistent link: https://www.econbiz.de/10012462256
We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...
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