Please use this identifier to cite or link to this item:
https://elibrary.tucl.edu.np/handle/123456789/5133| Title: | The Role of Total Factor Productivity Growth in Middle Income Countries |
| Authors: | ADB; Kim, Jungsuk; Park, Jungsoo |
| Issue Date: | Nov-2017 |
| Description: | A study based on cross-country panel data shows that total factor productivity growth is the main factor explaining the income group transition of countries, especially for 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-income country challenges. Governments in upper-middle-income countries need reform to motivate innovation by optimizing national R&D system and redesigning education system targeted toward promoting innovation. |
| URI: | https://www.adb.org/publications/role-total-factor-productivity-growth-middle-income-countries https://elibrary.tucl.edu.np/handle/123456789/5133 |
| ISBN: | N/A N/A |
| ISSN: | 23136537 23136545 |
| Country: | Regional - Asia and the Pacific |
| Appears in Collections: | ADB Collections |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.