We develop an endogenous growth model with two sectors, manufacturing and non-manufacturing. The manufacturing sector … is the source of the balanced productivity growth. We study how the economy responds to shifts in sector … employed in the manufacturing sector follows an inverted V curve, and that the growth rate increases. Thus, the model captures …

The issue of sustainability of natural capital and implications for economic growth ranks high in the interests of both …

Major European countries, unlike the United States, did not experience an acceleration in labour productivity growth in …-Marseilles II, Jacques Mairesse of INSEE-CREST, and Yusef Kocoglu of the University of Aix-Marseilles provide a detailed growth … accounting of the impact of diffusion of information and communication technologies (ICTs) on economic growth in France over the …

) growth and convergence in U.S. agriculture are examined using recently developed procedures for panel data and a growth … on the productivity growth rate both in the short-run and long-run. These results suggest richer opportunities for … policymakers to enhance productivity growth. …

-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 …

nonparametric estimates of TFP change that allow for factor biases support the evidence of the recent slowdown in TFP growth in many …