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Persistent link: https://www.econbiz.de/10012296557
The main aim of this paper is to investigate how far State Bank of Pakistan is prepared enough to undertake its monetary policy operations - right from its operational target (Reserve Money) to mid term target (M2) and ultimate target CPI (consumer price index) and Real GDP (Gross Domestic...
Persistent link: https://www.econbiz.de/10010611956
This paper analyzes total factor productivity growth in agriculture in Latin America and the Caribbean between 1961 and … results show that among developing regions, Latin America and the Caribbean shows the highest agricultural productivity growth … policies and external shocks on agricultural productivity; policies that do not discriminate against agricultural sectors and …
Persistent link: https://www.econbiz.de/10010246565
Total factor productivity (TFP) in Latin America has not increased relative to the US since the mid- 1970s, and in many …-level data from 10 Latin American countries to quantify the heterogeneity of firm productivity and the degree of resource … misallocation within countries. Productivity heterogeneity and resource misallocation are found to be much larger than in the United …
Persistent link: https://www.econbiz.de/10013105413
provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the … specific channels through which high debt affects productivity growth and the allocation of resources in Jamaica, the study … excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …
Persistent link: https://www.econbiz.de/10012778208
productivity (TFP) in Niger between 1963 and 2003. A growth accounting analysis indicates that the erosion in output per capita …
Persistent link: https://www.econbiz.de/10012778220
This paper estimates potential output and the sources of growth in Chile during 1970-96. Actual output is cointegrated with the quality-adjusted measures of capital and labor, and constant returns to scale cannot be rejected. The estimates of potential output show a positive output gap in the...
Persistent link: https://www.econbiz.de/10012782207
productivity resulting from stabilization and liberalization in 1993-94; or (iii) that it resulted from a favorable aggregate …
Persistent link: https://www.econbiz.de/10012782890
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to …
Persistent link: https://www.econbiz.de/10012889166
The recovery from the current deep recession caused by the COVID-19 pandemic will require raising productivity through … competition, firms face weak incentives to become more productive. Sizeable shares of labour and capital are trapped in low-productivity … directed credit, but thanks to a successful policy reform that aligned directed lending rates with market rates, they are now …
Persistent link: https://www.econbiz.de/10012630141