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productivity of private capital and total factor productivity within African economies. Employing the standard production approach … factor productivity. We argue that public capital, predominantly manifesting through infrastructure, constitutes an … indispensable element for fostering growth. Fundamental to the productivity of private capital is its reliance on a sufficient stock …
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This article summarizes the main findings on problems related to the measurement and identification of business cycles. The aim of this study is to define and identify the determinants of business cycles. This paper provides an overview of the methodology and its future course. Our investigation...
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