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The aim of the article is to present the main body of the KLEMS growth accounting recently implemented in Poland. The works on the KLEMS productivity accounting in Poland started in 2013 and focused on areas such as the development of methodology and the availability and assessment of data....
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This paper presents a detailed analysis of the output decline in Kazakhstan in the early years of the transition. The decline is documented at the aggregate and sectoral levels, and the quality of the available data is reviewed. A growth accounting framework quantifies the productivity slowdown...
Persistent link: https://www.econbiz.de/10014400556
This paper establishes that output volatility and the size of output drops have declined across all countries over the past three decades, but remain considerably higher in developing countries than in industrial countries. The paper employs a Bayesian latent dynamic factor model to decompose...
Persistent link: https://www.econbiz.de/10014400573
Per capita output is more volatile in middle-income economies than in both low-income and high-income economies. We examine this pattern in a two-period overlapping generations model with two productive sectors (a developed sector and a subsistence sector) and a credit sector. In the early and...
Persistent link: https://www.econbiz.de/10014400770
This paper uses the growth accounting framework to assess Sri Lanka''s sources of growth. It finds that while labor was the dominant factor contributing to growth in the 1980s, labor''s contribution declined over time and was overtaken, to a large extent, by total factor productivity (TFP) and,...
Persistent link: https://www.econbiz.de/10014400892