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The BRICS countries (Brazil, Russia, India, China, and South Africa) have seen varying GDP growth rates, averaging around 5 percent in the 1990s, rising to 8 percent in the 2000s, and about 5.5 percent from 2011 to 2020. Structural change and labour productivity are key for sustained economic...
Persistent link: https://www.econbiz.de/10015213818
This meta-study analyzes the productivity effects of industrial robots. More than 1800 estimates from 81 primary studies are collected. There is strong evidence that the empirical literature on the productivity effect of robots suffers from a substantial positive publication bias. This finding...
Persistent link: https://www.econbiz.de/10015214841
In this paper we ask how technological differences in manufacturing production across countries can best be modeled when using a standard production function approach. We emphasise the importance of allowing for differences in the impact of observables and unobservables across countries, as well...
Persistent link: https://www.econbiz.de/10015217343
African countries may have fared poorly compared to some countries in other regions, but relative to their own performance history some African countries have done quite well over the past eight years. In particular 2004 and 2005 were especially good years. How can such performance be made to...
Persistent link: https://www.econbiz.de/10015217852
We construct 14 alternative measures of technological progress for 19 OECD countries over the period 1970--2000, distinguishing between measures of productivity gains actually obtained in a given country (TFP growth, Malmquist index) and technological progress at the world technology frontier...
Persistent link: https://www.econbiz.de/10015219611
Differences in total factor productivity (TFP) are the dominant source of the large variation of income across countries. This paper seeks to understand which sectors account for the aggregate TFP gap between rich and poor countries. I propose a new approach for estimating sectoral TFP using...
Persistent link: https://www.econbiz.de/10015227924
The study relates the economic liberalization of the Mexican economy and the expansion of remittances inflows with regional economic growth in Mexico. A convergence non-linear econometric model was specified using the degree of economic openness and remittances as the conditional variables. The...
Persistent link: https://www.econbiz.de/10015228463
We conduct a comprehensive study of macroeconomic modeling methods, new theories of economic growth and the impact of technology and institutions on economic growth, in order to formulate the basic characteristics that are critical for efficient technological and institutional effects modeling....
Persistent link: https://www.econbiz.de/10015229813
The article considers 22 alternative empirical measures of country-level "technological progress", computed for 19 highly developed OECD countries over the period 1970–2000 based on (i) the neoclassical growth accounting approach that adopts the Cobb–Douglas production function...
Persistent link: https://www.econbiz.de/10015232894
International trade moved from "trade in goods" to "trade in tasks" and effective protection rates (EPRs) are back to the analytical stage. They measure the overall protection that sectoral value-added is receiving from applied tariffs. The paper calculates sectorial EPRs for 10 Asian-Pacific...
Persistent link: https://www.econbiz.de/10015234073