This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience of Turkey during the period 1963-2005 by using cointegration and causality tests. Kaldor's first law states that manufacturing is the engine of economic growth, whereas the...

This article introduces a new unique database, the World Productivity Database (WPD), which contains information on levels and growth of aggregate total factor productivity (TFP) for up to 112 countries, covering the period 1960 to 2000. At its core are numerous measurement methods, variations...

In this paper we aim to analyze the productivity spillovers of foreign affiliated and domestic firms in Turkish manufacturing industries. As a novelty inter-sectoral linkages are modeled through the use of spatial models. Our results indicate the existence of positive and significant...

In this paper we aim to analyze the productivity spillovers of foreign affiliated and domestic firms in Turkish manufacturing industries. As a novelty inter-sectoral linkages are modeled through the use of spatial models. Our results indicate the existence of positive and significant...

This paper is an attempt to assess the existence and magnitude of local research spillovers in France. We rely on the model of an extended production function (Cobb-Douglas and Translog) with both local and neighborhood R&D capital stocks. We estimate this model on 312 employment areas as of...

As soon as international financial markets felt reassured in 2003 by the surprisingly neoliberal orientation of President Lula’s government, the ‘spot-the-new-Latin-tiger’ financial brigade became dazzled by Brazil — they just couldn’t have enough of it. So much so, that they had...

In this paper, we add to the debate on the public capital–productivity link by applying very recent developments in the panel time series literature that take into account cross sectional correlation in non-stationary panels. In particular, we evaluate the productive effect of public capital...

This paper presents new evidence on the impact of public infrastructure on the Australian economy. The contribution of the paper is three-fold. First, it estimates measures of multifactor productivity for each of the states and territories. Second, it employs a new data set on public...