Output collapses and productivity destruction

Agricultural Output and Productivity

Estimates of the employment structure, agricultural output, and agricultural labour productivity are developed for the leading European countries from 1300 to 1800. The employment estimates are developed from estimates of the total, urban, and rural populations. The output estimates are derived by positing a demand curve for agricultural goods.

Chronicle of Currency Collapses and the Effects on Output: Evidence from Six Asian Countries

The main goal of the present paper is to analyze the effects of currency collapses (a large devaluation of country’s nominal exchange rate) on real gross domestic products of six Asian countries (Iran, Indonesia, Malaysia, Pakistan, South Korea, and Turkey). A yearly data is collected from the WDI of the World Bank over the period 1980-2011. The econometric model includes the real GDP growt...

Research output indicators are not productivity indicators

Growth Collapses

We study episodes where economic growth decelerates to negative rates. While the majority of these episodes are of short duration, a substantial fraction last for a longer period of time than can be explained as the result of businesscycle dynamics. The duration, depth and associated output loss of these episodes differs dramatically across regions. We investigate the factors associated with th...

Measuring Output and Productivity in Thailand’s Service-producing Industries

The report has benefited greatly from the collaboration of representatives from government agencies and private sector in providing invaluable inputs and comments to the study. We are particularly indebted to the staff of the Bank of Thailand, National Statistical Office, Department of Land Transport, Office of the National Telecommunications Commission, and of the domestic airline companies, c...