steady state growth. A corollary, in light of findings from the "new new trade theory" literature, is that increasing South …

inflows, a contradiction to neoclassical growth theory. I provide updated and disaggregated evidence on the origins of this …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

potential candidate countries. The analysis reveals that total factor productivity growth has been the main driver of … negative link between the initial level of GDP and subsequent growth. Labour productivity has improved in most countries, while … are needed in terms of labour productivity and utilisation, as well as in terms of physical and human capital accumulation …

provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the … specific channels through which high debt affects productivity growth and the allocation of resources in Jamaica, the study … excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …

foreign firms, the impact of spillover effect of inward FDI is contingent upon the productivity gap between the domestic firms … productivity gap between domestic low-productivity firms and foreign firms and works conversely for high-productivity firms. This … result suggests that once the productivity gap widens, the entry of foreign firms will increase the efficiency of high-productivity …

stochastic frontier approach (SFA) in order to estimate and decompose total factor productivity growth (TFP) into its main …

This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and …

productivity growth. In particular, about 52 percent of the growth is accounted for by an increase in the effectiveness of …