Showing 41 - 50 of 435,852
This paper compares two alternative growth paths, assessing the effects on productivity of specialisation in natural … exports either of natural resources or of technological products, and compare their role in productivity growth by GMM …-up in productivity. Technological specialisation, especially in products typical of the Fourth Industrial Revolution …
Persistent link: https://www.econbiz.de/10013175560
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in low- and middle-income countries, but appears to...
Persistent link: https://www.econbiz.de/10011703225
A country's growth of output is identically equal to its ratio of investment to output and the productivity of … productivity of investment differs between countries. This paper converts a "new" growth theory regression equation into … productivity of investment equation which allows for the direct testing of the diminishing returns to capital hypothesis of …
Persistent link: https://www.econbiz.de/10011617404
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. Recent statistical advances suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) — articulating supply and demand chains...
Persistent link: https://www.econbiz.de/10012996189
intend to find out whether a country's productivity level does or does not affect the GNP growth rate. Last and the third …
Persistent link: https://www.econbiz.de/10014221672
productivity (TFP) using newly organized data on 145 countries that span more than one hundred years for twenty-four of these … countries. For all countries, only 3 percent of average output growth per worker is associated with TFP growth. This world …. Keywords: economic growth, capital, human capital, total factor productivity, growth accounting …
Persistent link: https://www.econbiz.de/10014048894
productivity growth (TFPG) measurement and deducted from the .residual. A theoretical framework of growth accounting methodology …
Persistent link: https://www.econbiz.de/10014051353
This chapter reviews the literature that tries to explain the disparity and variation of GDP per worker and GDP per capita across countries and across time. There are many potential explanations for the different patterns of development across countries, including differences in luck, raw...
Persistent link: https://www.econbiz.de/10014024240
This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and...
Persistent link: https://www.econbiz.de/10014025605
This study compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one … to decompose total factor productivity (TFP) growth into technical efficiency changes (catching up) and technological … technical efficiency of the high-performing East Asian economies was not out of line with the rest of the world …
Persistent link: https://www.econbiz.de/10014088472