This paper argues that the typical practice of performing growth decompositions based on log-transformed productivity … values induces fallacious conclusions: using logs may lead to an inaccurate aggregate growth rate, an inaccurate description … of the micro sources of aggregate growth, or both. We identify the mathematical sources of this log-induced fallacy in …

its effects on economic growth in SSA. The study spans the period 1995-2015, focusing on 31 SSA countries. Findings from … economic growth via the saving transmission channel, while it has a statistically significant negative effect on economic … growth in the region through the channels of fertility, credit market imperfection, and fiscal policy. …

When pursuing growth opportunities, organizations can, most fundamentally, choose between three different modes … landscape and provides a comprehensive understanding of the antecedents associated with the choice of corporate growth modes. To …

We investigate the growth-finance nexus in an endogenous growth model with search frictions and congestion effects in … and growth. Financial development eases the financing of innovation but can exacerbate bottlenecks in R&D. In a … calibration close to the U.S. economy, finance has a negative impact on growth. This effect is quantitatively small- consistent …

cities dynamically to account for their changing footprints. Our findings show that aggregate wage growth is mainly driven by … growth in larger cities, rather than smaller ones or by population shifts across cities. We estimate individual wages … growth in France reflects larger returns to larger city size. Our model, that incorporate the impact of agglomeration …

multidimensional and monetary terms, as well as the effects of income growth and distribution in Bolivia from 2015 to 2022. The Alkire … line method is used, and the effects of growth and distribution are evaluated using the Datt and Ravallion (1992 … result of the income growth and distribution effect shows that poverty in Bolivia is more sensitive to economic growth. …

conditions driving global, regional, and national outlooks, projections on growth, consumer prices, and prospects coming into … Philippine Statistics Authority (PSA), the economy grew by 5.6 percent in 2023 driven by growth in major sectors such as industry … would likewise include projected growth, and inflation estimates for 2024 and 2025. Considered also are the flow of funds …

This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the ECOWAS (WAEMU … on the threshold level of inflation. This paper contributes to the policy debate on the inflation-growth nexus by … strongly negative, suggesting adverse effects of high inflation on growth. This finding is consistent with the theoretical …

(GDP) growth rate, current account balance, fiscal account balance, lending (interest) rate, and exchange rate. Using the …, current account, and GDP growth were positively affected. Specifically, a one standard deviation shock in interest rate led to … current account and 1.6 percent in GDP growth in the first year. It is recommended that the authorities in the Zone pursue …