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Credit rationing is a common feature of most developing economies. In response to it, the governments of these countries often operate extensive credit programs and lend, either directly or indirectly, to the private sector. We analyze the macroeconomic consequences of a typical government...
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Chile’s average per capita GDP growth of 4.1% during 991-2005 was significantly higher than average world growth during the same period and was a strong break from its own past. How much of Chile’s recent growth is trend growth and how much is cyclical, i
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by a failure to agree on a method of measuring service productivity. This paper develops an outcomes measure of … productivity which, it argues, meets both externally imposed cost-efficiency requirements and clients' needs for service …
Persistent link: https://www.econbiz.de/10005515394
Junk-food consumption, health and productivity are analyzed within an expectedlifetime- utility-maximizing framework in … which the probability of living and productivity rise with health and health deteriorate with the consumption of junkfood … physiologically optimal and renders the levels of health and productivity lower than the maximal. Taxing junk-food can eliminate this …
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productivity. The results showsthat although R&D has a significant effect at national level in a long-term period, the effect at …
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We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe …
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