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Real convergence and the determinants of growth in EU candidate and potential candidate countries : a panel data approach
Borys, Magdalena Morgese; Polgár, Éva Katalin; Zlate, … - 2008
potential candidate countries. The analysis reveals that total factor productivity growth has been the main driver of … negative link between the initial level of GDP and subsequent growth. Labour productivity has improved in most countries, while … are needed in terms of labour productivity and utilisation, as well as in terms of physical and human capital accumulation. …
Persistent link: https://www.econbiz.de/10011641211
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Real convergence and the determinants of growth in EU candidate and potential candidate countries - a panel data approach
Borys, Magdalena Morgese; Polgár, Éva Katalin; Zlate, … - 2008
potential candidate countries. The analysis reveals that total factor productivity growth has been the main driver of … negative link between the initial level of GDP and subsequent growth. Labour productivity has improved in most countries, while … are needed in terms of labour productivity and utilisation, as well as in terms of physical and human capital accumulation. …
Persistent link: https://www.econbiz.de/10011606238
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Regional Convergence in Latin America
Sutton, Bennett; Lindow, Genevieve; Serra, Maria Isabel; … - International Monetary Fund (IMF) - 2006
This paper presents empirical evidence on convergence of per capita output for regions within six large middle-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several exogenous sectoral shocks and differences in steady states...
Persistent link: https://www.econbiz.de/10005769080
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Will there Be New Emerging-Market Economies in Africa b+L2280y the Year 2020?
Berthélemy, Jean-Claude; Söderling, Ludvig - International Monetary Fund (IMF) - 2002
used determinants of total factor productivity, a measure of the effect of labor reallocation and an index of economic … suggest that growth will depend, to a large extent, on educational investments and productivity gains in agriculture. …
Persistent link: https://www.econbiz.de/10005264099
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Commodity Price Volatility and the Sources of Growth
International Monetary Fund (IMF); International … - 2012
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10009650613
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Looking to 2060: Long-Term Global Growth Prospects: A Going for Growth Report
Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2012
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276725
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Long-Term Growth Scenarios
Johansson, Åsa; Guillemette, Yvan; Murtin, Fabrice; … - Economics Department, Organisation de Coopération et … - 2013
This paper presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is...
Persistent link: https://www.econbiz.de/10011276784
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Managerial Capital and Business R&D as Enablers of Productivity Convergence
Andrews, Dan; Westmore, Ben - Economics Department, Organisation de Coopération et … - 2014
productivity (MFP) convergence in a panel of 42 countries. The OECD long-term growth model is augmented to show that, in addition …
Persistent link: https://www.econbiz.de/10011276858