This study examines the nature of the growth process in the ASEAN countries, and particularly whether it has been … generated primarily by more inputs or by productivity gains. It uses internationally comparable data and explores an alternative … impressive growth rate of TFP in Singapore, Thailand, and Malaysia, a relatively strong rate for Indonesia, and a negative rate …

This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend … techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap … macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of …

We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view …, we find that higher labor productivity tends to lead to appreciation of the real exchange rate. Contrary to the … traditional view, however, we find that the positive productivity effect is transmitted through the real exchange rate based on …

to scale. Total factor productivity growth, estimated as an unobservable variable, has declined steadily since the late … and began to contribute positively to growth, albeit only slightly …

applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual … Japanese firms. Given the estimated distribution of productivity across firms, the paper simulates the effect of optimal …

productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it … (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity …

Private investment is the principal transmission channel through which fiscal policy affects growth in high … productivity. Empirical results reported in this paper confirm this expectation: in low-income countries, factor productivity is … some four times more effective than investment as a channel for increasing growth through fiscal policy. Although the …

productivity. Specifically, reductions in trade protectionism lead to higher levels and growth of firm productivity, with this … productivity in the manufacturing sector, focusing on the interaction between this policy shock and firm and environment … climate, and financial development, do not appear to influence the effect of trade liberalization on firm productivity …

measures differences in labor productivity (the Ricardian measure), and the other differences in total factor productivity (the …