literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …

literature: (i) finding the Holy Grail: total factor productivity is, by construction, a weighted average of dollars per worker …

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

been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 … Western European countries between 1990 and 2006 and uses the latest developments in panel unit root and cointegration testing … on domestic productivity. The domestic R&D capital stock plays an active role in Western Europe while in the Eastern part …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …

This paper addresses the empirical relationship between the level of competition and the rate of productivity growth … level of competition for each sector that is defined by the mark-up that maximizes the growth rate of labor productivity …. The information technologies Sectors have the highest mark-ups for maximizing productivity growth. The persistence of …

importance of total factor productivity and the accumulation of factors of production in the economic development performance of … advanced countries and peer countries in other regions. The paper finds that total factor productivity is the predominant … factor: low productivity and slow productivity growth, as opposed to impediments to factor accumulation, are the key to …

per capita for a panel of 35 developed and developing countries over an annual period of 33 years (1981 - 2013). The … broadband penetration on economic growth. Our methodology consists of two models, the first one is a fixed effects panel data … values in a panel regression to determine the impact over the growth rate of GDP per capita. Our approach includes as an …