In the 1990s, conventional measures of productivity growth, or the growth in output per worker, have indicated a dramatic rise. If these measures are correct, the economic benefits are clear. In the short run, sustained, faster productivity growth would enable the economy to expand more rapidly without intensifying inflationary pressures. In the long run, sustained, faster productivity growth w...

This paper addresses the important question of whether public investment spending on economic infrastructure enhances economic growth and labor productivity in Argentina. Following the lead of the endogenous growth literature, it presents a simple modified production function that explicitly includes the positive or negative externality effects generated by public investment. Using cointegratio...

This paper uses the techniques of exploratory spatial data analysis to analyse patterns of spatial association for different indicators of economic performance, and in so doing identify and describe the spatial structure of economic performance for Great Britain. This approach enables us to identify a number of significant local regimes – clusters of areas in which income per worker differs sig...

economists, sociologists and others have come to-this conclusion that the only element that eventually will determine the orientation of development, economic and social development of any country is the human resource. hence the physical capital and natural resources are not determinant one in this respect. the development of human resources which is the result of younger generation education ...

This study examines the indirect costs associated with surgery for axial low back pain using data obtained from a prospective multicenter clinical trial that compared Charité artificial disc replacement with anterior lumbar interbody fusion using iliac crest bone graft. While 75% of study subjects reported full- or part-time employment prior to surgery, this percentage dropped to 45% at 6 weeks...

Lu, Yi, Png, Ivan P.L., and Tao, Zhigang—Do institutions not matter in China? Evidence from manufacturing enterprises This study addresses the apparent puzzle that China achieved spectacular economic performance despite weak institutions. Using a World Bank survey of 1566 manufacturing enterprises in 18 Chinese cities, we investigated whether property rights protection mattered for enterprise p...

Increased agricultural productivity is a key driver of wider agriculture-led economic growth and resilience in many regions heavily burdened by food insecurity, malnutrition, and poverty, and it’s essential to achieving Feed the Future’s objectives, which are guided by the U.S. Government’s Global Food Security Strategy (GFSS). Greater agricultural productivity can increase food availability an...

Low birth weight (LBW) is a major contributor to infant mortality. Beyond that, reducing low birth weight could result in appreciable economic benefits. The present paper considers the potential benefits from reducing low birth weight in seven distinct categories: 1. Reduced infant mortality; 2. Reduced neonatal care; 3. Reduced costs of infant/child illness; 4. Productivity gain from reduced s...

Is productivity growth inimical to employment? Canonical economic theory says no, but much recent economic theory says ‘maybe’ — that is, rapid advances in machine capabilities may curtail aggregate labor demand as technology increasingly encroaches on human job tasks. We explore the relationship between productivity growth and employment using countryand industry-level data for 19 countries ov...