Tag: Economic Growth and Productivity
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.
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.
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.
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.
