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neoclassical growth models is that capital accumulation is induced by both productivity growth and increases in investment rates …. Hence an upward trend in productivity growth has been more than twice as important as the doubling of the investment rate. A … provides quantitative estimates of the role of investment and productivity to India's growth based on the neoclassical growth …
Persistent link: https://www.econbiz.de/10010551602
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth … decline in output is mainly accounted for by a collapse in productivity; in the medium term, employment and capital are also …
Persistent link: https://www.econbiz.de/10008727814
This 21st issue of the International Productivity Monitor published by the Centre for the Study of Living Standards … contains five articles. The topics addressed are: a comparative industry perspective on productivity and economic growth in … Europe; a detailed analysis of labour productivity growth in the transportation equipment industry in Canada; a portrait of …
Persistent link: https://www.econbiz.de/10010833351
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This chapter reviews the literature that tries to explain the disparity and variation of GDP per worker and GDP per capita across countries and across time. There are many potential explanations for the different patterns of development across countries, including differences in luck, raw...
Persistent link: https://www.econbiz.de/10014024240
This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total … factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their … factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is …
Persistent link: https://www.econbiz.de/10014024949
economic growth into capital-deepening and productivity components, to a more complex account of the growth process. In the … more complex account, capital and productivity interact, both are endogenous, and quality change in inputs and output … matters. New developments in micro-level productivity analysis are also reviewed, and the long-standing question of net versus …
Persistent link: https://www.econbiz.de/10014025148
This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and...
Persistent link: https://www.econbiz.de/10014025605
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