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This paper attempts to answer the optimal question, that of decelerating the spread of COVID-19 without damaging the economy. Proceeding through standard thinking of dynamic optimization theory à la Fujita, we believe that workers need to come into contact with other workers less and less,...
Persistent link: https://www.econbiz.de/10015229415
transformation of the Moroccan economy. It analyzes the dynamics of productivity in two ways. First, the speed of convergence of … agricultural productivity to the level recorded by other sectors of the economy. The second, the decomposition of the change in … aggregate productivity into the structural changes or reallocation effect and the within or intra effect. Furthermore, the paper …
Persistent link: https://www.econbiz.de/10015252114
Real gross domestic product (GDP) fails to account for the trading gains and losses that result from changes in the terms of trade and in the real exchange rate (the price of tradables relative to the price of nontradables). Canada has enjoyed vast improvements in its terms of trade over recent...
Persistent link: https://www.econbiz.de/10005481857
additional improvements. We conclude that the state of U.S. data for services industry productivity measurement is far better … of the services sector in GDP and its importance as a contributor to recent productivity advance justifies a further …
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