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productivity growth, and production efficiency improvement. In addition, this paper incorporates the quality of inputs in analyzing … output growth, where the productivity of capital depends on its average age, while the productivity of labor depends on its … the improved quality of factors or total factor productivity growth in explaining output growth. The quality of capital …
Persistent link: https://www.econbiz.de/10005800308
Persistent link: https://www.econbiz.de/10010199600
How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a nonparametric upper bound on the increase in output that can be generated by more schooling. The advantage of our approach...
Persistent link: https://www.econbiz.de/10009368611
difference in growth path across countries is partly explained by differences in efficiency. …
Persistent link: https://www.econbiz.de/10009416095
productivity growth and its cross-country differences, thus implying an important role (as yet unexplained) for the Solow Residual … or the Total Factor Productivity (TFP). However, the increased application of non-parametric methods in growth accounting … that the appropriate technology view is useful in explaining labour productivity growth and its cross-country differences …
Persistent link: https://www.econbiz.de/10011108972
This study investigates the performances of growth and productivity in Syria for the period 1985-2008 by means of … human capital and total factor productivity (TFP) is assessed. The study shows that much higher investments in physical and … targets of the Plan. Particularly in the industry sector negative TFP growth hampers growth of output and productivity in the …
Persistent link: https://www.econbiz.de/10010307207
Persistent link: https://www.econbiz.de/10001672358
productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
Persistent link: https://www.econbiz.de/10010273013
the pronounced worsening of total factor productivity. The paper is rounded out by estimates of some measures of wage …
Persistent link: https://www.econbiz.de/10010295797
We investigate the marginal productivity of investment across countries. The aim is to estimate the return on …
Persistent link: https://www.econbiz.de/10011418572