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Revisiting the Determinants of Productivity Growth - What’s new?, Boileau Loko, Mame Astou Diouf

This paper studies the main determinants of total factor productivity (TFP) growth using principal component analysis and a dynamic panel data model and, through a case study, explores key areas where accelerated reforms in the Maghreb countries would boost TFP gains. The results reveal that reforms targeted at attracting foreign direct investment and rationalizing government size, shifting resources from low-productivity sectors to higher ones, and encouraging women to enter the work force, could accelerate TFP gains. Equally important are reforms aimed at strengthening human capital, increasing the volume of trade, and improving the business environment
Table Of Contents
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Revisiting the determinants of productivity growth; A. The Potential Determinants of Productivity Growth; Macroeconomic factors; Trade openness and knowledge spillovers; Labor quality; Institutional factors; Sectoral composition of output; B. Key Layers for Productivity Growth and Top Emerging Economies; C. Productivity Equation; Estimation; Results; III. growth performance: how do the Maghreb countries compare to the other economies?; A. Some Stylized Facts; B. Growth Profile
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (44 p.)
Specific Material Designation
Form Of Item

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