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New panel data estimates for the four East Asian Tigers show that the contribution of total factor productivity (TFP …) to growth is much higher than past estimates. An extended production function with learning by doing implies that TFP is …
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In the paper, the sources of productivity growth are investigated by an empirical analysis with micro data for West …. The empirical results reveal that innovative firms exhibit more productivity increases. Large firms exhibit more … productivity increases as compared with small firms, ceteris paribus, which hints towards scale economies at the firm level …
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into account. The data are used to study total factor productivity, labour and capital productivity developments in a … changes in labour services and the composition thereof, as drivers of value added and labour productivity growth. Significant …
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investment rates, the main source of India’s growth acceleration is the modest upward trend in productivity growth since the 1970 …India’s investment rate has increased fourfold since 1950 and is now nearly 40% of GDP. Many studies have suggested … that this rising investment rate is the most significant component of India’s growth acceleration. I assess these …
Persistent link: https://www.econbiz.de/10008534115
Much of the debate about the impact of China on the international political economy arises from the many dimensions of the potential impact and the lack of historical precedent for such a large change. This paper provides some context for thinking about these issues by contrasting China’s...
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