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used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture …
Persistent link: https://www.econbiz.de/10014403665
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger … productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … productivity suggest that for Bulgaria closing the gap with EU standards in the areas of institutional and infrastructure quality …
Persistent link: https://www.econbiz.de/10014396587
Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a … ""balanced"" one in which China''s productivity grows at the same rate in each sector, and an ""unbalanced"" one in which China …''s comparative disadvantage sectors catch up disproportionately faster to the world productivity frontier. Contrary to a well …
Persistent link: https://www.econbiz.de/10014396905
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10014396933
Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that … points. This paper tests the hypothesis of the J curve of Productivity and Growth following major liberalization and finds it … result in negative effects on measured productivity …
Persistent link: https://www.econbiz.de/10014399140
wage inflation and slow productivity growth. The so-called Swedish model, usually identified with an advanced welfare state …
Persistent link: https://www.econbiz.de/10014399169
, the external terms of trade, and productivity in the manufacturing sector. A once-and-for-all unit increase in the ratio …
Persistent link: https://www.econbiz.de/10014399257
We study equity price volatility in general equilibrium with news shocks about future productivity and monetary policy …
Persistent link: https://www.econbiz.de/10014399366
This paper quantifies the economic impact of uncertainty shocks in the UK using data that span the recent Great Recession. We find that uncertainty shocks have a significant impact on economic activity in the UK, depressing industrial production and GDP. The peak impact is felt fairly quickly at...
Persistent link: https://www.econbiz.de/10014395348