Focal Interest
Focal Interest

Economic Growth and Productivity

External reference: https://openalex.org/T10393

  1. Lack of allocative efficiency improvement explains much of the slowdown
    Analysis shows allocative efficiency deterioration, driven partly by sectoral volatility, explains most US productivity slowdown in the 1970s and 2000s.
  2. Task content explains most within-occupation inequality growth
    General equilibrium model shows task content changes within occupations drove most of the within-occupation wage inequality growth from 1980 to 2000.
  3. Automation lowers rents and widens inequality less within groups
    Automation targets high-wage jobs, dissipates worker rents, and offsets productivity gains. Analysis of U.S. data shows automation explains half of wage inequality growth since 1980.
  4. Financial development and growth show an inverted-U pattern
    Endogenous growth model showing financial development creates opposing effects on growth through improved funding access and increased R&D competition for limited innovation resources.
  5. Tenure shows limited wage gains in South Korea
    Analysis of 20 years of Korean labor data reveals nonlinear wage returns to tenure, with sector-specific skills driving growth more than occupation experience.
  6. Domestic credit supports Nepal's long-run economic growth
    ARDL analysis of Nepal's economic growth reveals domestic credit impacts GDP only long-term, while capital formation and exports drive growth across both timeframes, 1992-2023.
  7. Productivity raises wages more in wealthier countries
    Explore how productivity gains translate differently to wages across income levels. Study reveals threshold effects showing wealthier nations have stronger wage-productivity links than.
  8. Yield curve factors predict growth better in some countries
    Analysis of yield curve predictive power for growth and inflation across 40 countries finds stronger performance in developed and CEE economies and low-credibility contexts.