Showing 81 - 90 of 194
The paper presents empirical analysis of a panel of countries to estimate an agricultural production function using a measure of capital in agriculture absent from most studies. The authors employ a heterogeneous technology framework where implemented technology is chosen jointly with inputs to...
Persistent link: https://www.econbiz.de/10005129053
This paper studies the influence of"high technology"on the growth of output by using cross-section data on U.S. states. An eclectic approach to the"sources-of-growth"literature leads to the estimate of a"base"equation which explains about half of the differences in per capita GSP growth rates of...
Persistent link: https://www.econbiz.de/10005129138
position is far away from what is predicted by open-economy models and cross-country empirics. It seems reasonable to assume …
Persistent link: https://www.econbiz.de/10005129229
Using the most recent purchasing power parity data for 44 sub-Saharan African countries, this paper examines the characteristics of long run growth in Africa between 1975 and 2005. The authors investigate the following issues: cross-country income structure, income convergence, the country level...
Persistent link: https://www.econbiz.de/10005129242
accounting (production function) technique, Young (1992, 1995) found no sign of TFP growth in the aggregate economy and the …
Persistent link: https://www.econbiz.de/10005129286
After years of poor economic performance, many Latin American countries undertook ambitious programs of macroeconomic stabilization andstructural reform in recent years. This change in policy created high expectations for the region, and some observers have questioned whether actual growth...
Persistent link: https://www.econbiz.de/10005129321
The author studies the determinants of total factor productivity (TFP) for manufacturing firms in Bangladesh using data from a recent survey. She obtains TFP measures by making use of firm-specific deflators for output and inputs. Controlling for industry, location, and year fixed effects, she...
Persistent link: https://www.econbiz.de/10005129325
Cross-national data on economic growth rates show that increases in educational capital resulting from improvements in the educational attainment of the labor force have had no positive impact on the growth rate of output per worker. In fact, contends the author, the estimated impact of growth...
Persistent link: https://www.econbiz.de/10005129350
Since Vietnam's adoption of the doi moi or renovation policy in 1986, the country has been undergoing the transition … from central planning to a socialist market-oriented economy. This has translated into strong economic growth, led by the …, that employment growth has lagged. To address this concern, the author compares new employment data from the Vietnam Living …
Persistent link: https://www.econbiz.de/10005133486
equilibrium ramifications of subsistence traps are developed. The main issue is that the economy may be subject to hysteresis: A … temporary shock such as a natural disaster may leave permanent consequences for the economy. An obvious permanent effect of a … incentives to invest in human capital and may even propel a formerly stagnating economy into a virtuous path of continuing growth. …
Persistent link: https://www.econbiz.de/10005133512