control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity … utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor …

The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of …

importance of these two mechanisms in Asian development based on a unified framework. Using canonical cross-economy panel data … on the technological catching-up process worldwide. In particular, human capital formation promoted technology adoption … more strongly in Asia than in the rest of the world. Third, innovation has also been critical in facilitating recent growth …

The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of …

speed of convergence. Subsequently, in almost all convergence studies, an exogenously growing technology is assumed and this … framework, the growth rate of technology depends on the characteristics of the R&D sector, including the share of labor devoted …

consider a simple model in which the technology shifters are aggregated into one single index. The empirical model uses panel … call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are …

consider a simple model in which the technology shifters are aggregated into one single index. The empirical model uses panel … call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are …

productivity ; capacity utilization ; aggregation ; panel data … control for cyclical effects, we modify a standard technique in firmlevel production function estimation using a capacity … utilization proxy. Based on a large panel of Hungarian manufacturing firms, we decompose value added growth to input factor …