Productivity Growth in Industrialized Countries

Information And Communication Technology Externalities And Economic Growth In Newly Industrialized Countries

No . 2005 / 68 Financial Sector Development and Productivity Growth

Recent years have witnessed important structural changes around the world as a result of the globalization process, the creation of new economic blocks and the liberalization of financial sector in many countries. Responding to these changes many sectors of the industrialized countries have gone through major deregulatory changes to acclimate themselves to new environments. At the same time, ma...

Discussion paper 27 / 08 TRADE BARRIERS , OPENNESS , AND ECONOMIC GROWTH 1

Using a long dataset on openness and productivity this paper tests the influence of openness on TFP growth and per capita growth since 1870 for 16 industrialized countries. It is shown, in simple regressions, that growth is by and large independent of openness. However, once the interaction between openness and foreign knowledge is allowed for, productivity is positively affected by openness. J...

Total Factor Productivity Growth, Technical Change and Technical Efficiency Change in Asian Economies: Decomposition Analysis

The aim of this paper is to analyze total factor productivity (TFP) growth and its components in Asian countries applying Stochastic Frontier Analysis (SFA) to the time series data of 44 Asian countries from 2000 to 2010. Using Battese and Coelli approach, TFP is divided into technical efficiency change and technical change. TFP decomposition using SFA method for the years 1998 to 2007 indicate...

Causes of Declining Growth in Industrialized Countries

A clear break in the post-World War I1 pattern of rapid productivity growth was a virtually universal phenomenon across Organization for Economic Cooperation and Development (OECD) countries, in most of them beginning in the early 1970s. This development had implications for both the evolution of aggregate supply, as well as the growth of real income and the types of macroeconomic and structura...

Investigating Agricultural Productivity Growth and Convergence in Iran and Eastern African Countries

The issue of convergence or divergence of productivity has important policy for regional poverty reduction and increasing standards of living. If productivity converges to a common level without intervention, there is little need for explicit policies in lagging regions to promote catch up. On the other hand, productivity has divergence trend, then explicit policies would be needed to prevent f...