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Growing Without Changing : A Tale of Egypt's Weak Productivity Growth

Morsy, Hanan - 2018

This paper aims to identify the reasons why economic growth in Egypt, although comparable to its peers, failed to …, counterfactual scenarios and regression analysis to demonstrate that Egypt, even during the high growth period of 2000-10, did not … from witnessing a structural shift of its labour force towards manufacturing and private services, locking Egypt instead …

Persistent link: https://www.econbiz.de/10012927913

Growing Without Changing : A Tale of Egypt's Weak Productivity Growth

Morsy, Hanan - 2018

Persistent link: https://www.econbiz.de/10012931434

Supplement to 'Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and The Distribution of Income'

Dabla-Norris, Era - 2020

This is the supplemental material to the paper titled "Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and The Distribution of Income." It includes additional theoretical and quantitative results. It also includes illustration for the numerical algorithm for our...

Persistent link: https://www.econbiz.de/10012844703

Did the Arab Spring Reduce MENA Countries' Growth?

Arayssi, Mahmoud - 2019

This paper examines the economic ramifications of the recent political reconfigurations that the MENA region witnessed, commonly known as the Arab Spring, utilizing MENA countries data during period 2005-2016. Using the Arellano-Bond dynamic panel estimation, the paper estimates a growth model...

Persistent link: https://www.econbiz.de/10012870335

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and the Distribution of Income

Dabla-Norris, Era - 2020

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...

Persistent link: https://www.econbiz.de/10012846881

Structural Change, Capital's Contribution, and Economic Efficiency : Sources of China's Economic Growth between 1952-1998

Wang, Zijian; Wei, Jiegen - 2004

This paper examines the effects of structural change, long-term TFP trend and marginal return to capital on China's economic growth, comparing such effects with those in the other East Asian economies. Our empirical results show that China's TFP converges to a higher level, and the marginal...

Persistent link: https://www.econbiz.de/10014073232

New General Theory of Economic Development : Innovative Growth and Distribution

Lee, Yong-Shik - 2020

Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...

Persistent link: https://www.econbiz.de/10012849707

Structural Change, Capital’s Contribution, and Economic Efficiency: Sources of China’s Economic Growth Between 1952-1998

Wang, Zijian; Wei, Jiegen - Nationalekonomiska institutionen, Handelshögskolan - 2004

This paper examines the effects of structural change, long-term TFP trend and marginal return to capital on China’s economic growth, comparing such effects with those in the other East Asian economies. Our empirical results show that China’s TFP converges to a higher level, and that the...

Persistent link: https://www.econbiz.de/10005423955

Growing like China

Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - C.E.P.R. Discussion Papers - 2009

This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...

Persistent link: https://www.econbiz.de/10005123794

Physical capital accumulation in Asia 12: Past trends and future projections

Shioji, Etsuro; Vu, Tuan Khai - In: Japan and the World Economy 24 (2012) 2, pp. 138-149

The pace of capital accumulation in East Asia has simply been stunning. In this paper, we investigate sources of this fast accumulation and make projections for the future. We estimate a “convergence” equation for physical capital per capita, which is derived from an open economy growth...

Persistent link: https://www.econbiz.de/10011056234