productivity growth. On average, no productivity improvements in labour have been recorded since independence. With an investment … to GDP ratio of only 13 per cent during the past decade, significantly higher productivity growth and investment will be … structural reforms and stronger institutions,higher rates of productivity growth will be hard to achieve …

This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than … electricity-sector TFP across countries. The model predicts modest long-run GDP gains from improving electricity-sector TFP …