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This paper documents the sources of the Republic of Korea's economic growth, as well as the associated productivity … growth and efficiency dynamics during its process of structural transformation from 1970 to 2016. The analysis includes land … makes significant differences in measuring the magnitudes and directions of change in sectoral total factor productivity …
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Estimates of total factor productivity growth, a measure of increases in the efficiency of production, have … countries. This leads to incorrect measures of total factor productivity growth. Using data on natural resources from the World … Organisation for Economic Co-operation and Development, this paper makes new estimates of total factor productivity growth for 74 …
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This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation …, education, market efficiency, infrastructure, and institutions. Based on underlying proxies, the paper constructs indexes …
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on the savings rate, capital accumulation, productivity and the labour supply. These effects must be taken into account …
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