Why are some nations rich and others poor? Can the governments of poor nations do something to ensure that their nations become rich? These sorts of questions have long fascinated public officials and ...

This paper addresses the puzzling decline of Total Factor Productivity (TFP) levels in rapidly growing economies, such as Singapore, despite advancements in technology and high GDP per capita growth.

A two-decade analysis of all 31 Chinese provinces finds that healthcare productivity has stagnated since 2018, with technological decline and a persistent East-West gap threatening the sustainability ...

Total factor productivity (TFP) serves as a critical indicator for measuring enterprise efficiency and technological progress. However, existing prediction methods often fail to distinguish genuine ...

This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea’s labor productivity and total factor productivity levels are below the median of other ...