The mechanisms of growth out of backwardness are investigated in an intertemporal general equilibrium model for Thailand. Learning by exporting is assumed to be the main vehicle of international spillover. While the econometric literature discusses the causality between exports and productivity, we analyze the endogenous dynamic interaction and with long run growth effects of economic policy. T...

in this study, considering the importance of incremental capital output ratio (icor) in agriculture investment capital and self-sufficiency in this sector in order to grow and being influenced by the past and previous relationships strong agricultural sector productivity growth in other sectors of the economy, especially the effect of oil revenues, was trying to, long-term relationships as well...

Empirical studies document that resource reallocation across production units plays an important role in accounting for aggregate productivity growth in the U.S. manufacturing. Distortions in financial market could hinder the reallocation process and hence may adversely affect aggregate productivity growth. This paper studies the quantitative impact of costly external finance on aggregate produ...

this paper is concerned with the estimation of total factor productivity (tfp) growth for the iranian electric utilities during the period 1980-1993 on the basis of panel data. a translog cost function is used which accommodates firm - specific variability through a one - way error component model. the results show that the iranian electricity supply industry experienced increasing returns to s...

The advent of modern science made possible the emergence of sustained economic growth. Without growth in scientific knowledge, the productivity growth experienced during the Industrial Revolution would have eventually diminished, as did growth from previous ‘productivity revolutions’ (i.e. agriculture, expansions of trade). Yet scientific knowledge, as distinct from technology or economic produ...

: recently, productivity discussion has been considered in social and scientific discussions. in the extreme world of competition and growth of technology, policy makers and management consider increase of productivity as tool or as a goal occasionally (3) in this research it is intended to recognize effects factor on increase of productivity particularly factors such as providing essential nee...

Does productivity growth increase or reduce unemployment? Theoretical and empirical analyses have generally provided mixed results. In this paper we analyze the empirical relationship between productivity and unemployment over different time frames using wavelet analysis. The scale-by-scale results from panel data and nonparametric regressions methods indicate that productivity-unemployment rel...

Using pre-and post-reform industry-level panel and aggregate national infrastructure data, this paper examines the effects of infrastructure on industry productivity in Cameroon, controlling for trade variable and correcting for the likely endogeneity of infrastructure and other regressors. The empirical strategy involves, (i) estimation of production functions augmented by the infrastructure q...

We decompose labor productivity growth into components attributable to technological change, technological catch-up, foreign capital deepening, domestic capital deepening, and human capital accumulation, thus separating the effects of foreign and domestic capital deepening on productivity growth and convergence. We apply nonparametric production-frontier methods to a worldwide 1980-2005 panel a...

Economists have long speculated on why productivity and growth varies so spectacularly across countries, …rms and time. For example, labor productivity varies by up to 10 fold across countries, up to 100% across establishments within the same 5-digit industry sector, and by several percent over the business cycle. The aim of this proposal is to apply micro-to-macro empirical and simulation anal...