The role of total factor productivity growth in middle income countries.
The TFP growth model reveals that the catch up effect, human capital, smaller population, weak currency, and research and development (R&D) growth are significant sources explaining TFP growth. Strengthening innovative activities and building innovative capacities matter in overcoming middle inc...
Format: | Electronic Resource |
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Language: | English |
Published: |
Metro Manila, Philippines
Asian Development Bank
2017.
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Subjects: | |
Online Access: | https://www.adb.org/publications/role-total-factor-productivity-growth-middle-income-countries |