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Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies »

Source: Anchoring Growth : The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Volume/Issue: 2013/8

Series: Staff Discussion Notes

Author(s): Era Dabla-Norris , Giang Ho , Kalpana Kochhar , Annette Kyobe , and Robert Tchaidze

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2013

ISBN: 9781616357290

Keywords: Emerging markets, Developing countries, Economic growth, Agricultural sector, Fiscal reforms, Manufacturing sector, Labor markets, Labor productivity, Services sector, Total factor productivity

Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and an...

Are Uniform Tariffs Optimal?

Are Uniform Tariffs Optimal? »

Source: Are Uniform Tariffs Optimal?

Volume/Issue: 2004/72

Series: IMF Working Papers

Author(s): Mary Amiti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2004

ISBN: 9781451849370

Keywords: Agglomeration, downstream firms, trade liberalization, upstream firms, vertical ilinks, final goods, intermediate inputs, tariff rates, trade costs, uniform tariffs

This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production. We show that countries may be better off w...

Global Declining Competition1

Global Declining Competition1 »

Source: Global Declining Competition

Volume/Issue: 2019/82

Series: IMF Working Papers

Author(s): Federico Diez , Jiayue Fan , and Carolina Villegas-Sánchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2019

ISBN: 9781498311113

Keywords: Total factor productivity, Capital stocks, Employment, Production, Production functions, Markups, Market power, TFP, Firm size, markup

Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moder...

Anchoring Growth
			: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Anchoring Growth : The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies »

Volume/Issue: 2013/8

Series: Staff Discussion Notes

Author(s): Era Dabla-Norris , Giang Ho , Kalpana Kochhar , Annette Kyobe , and Robert Tchaidze

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2013

DOI: http://dx.doi.org/10.5089/9781616357290.006

ISBN: 9781616357290

Keywords: Emerging markets, Developing countries, Economic growth, Agricultural sector, Fiscal reforms, Manufacturing sector, Labor markets, Labor productivity, Services sector, Total factor productivity

Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and an...

Are Uniform Tariffs Optimal?

Are Uniform Tariffs Optimal? »

Volume/Issue: 2004/72

Series: IMF Working Papers

Author(s): Mary Amiti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2004

DOI: http://dx.doi.org/10.5089/9781451849370.001

ISBN: 9781451849370

Keywords: Agglomeration, downstream firms, trade liberalization, upstream firms, vertical ilinks, final goods, intermediate inputs, tariff rates, trade costs, uniform tariffs

This paper analyzes whether uniform tariffs give rise to the highest welfare compared with tariffs that either escalate or de-escalate along the value chain of production. We show that countries may be better off w...

J-Curve of Productivity and Growth
			: Indian Manufacturing Post-Liberalization

J-Curve of Productivity and Growth : Indian Manufacturing Post-Liberalization »

Volume/Issue: 2011/163

Series: IMF Working Papers

Author(s): Arvind Virmani , and Danish Hashim

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

DOI: http://dx.doi.org/10.5089/9781455298730.001

ISBN: 9781455298730

Keywords: Indian manufacturing, productivity &;amp;#x0026; output growth, J-curve hypothesis, productivity growth, output growth, manufacturing sector, import liberalization, manufacturing industries, One, Two

Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the growth rate of the...

Global Declining Competition

Global Declining Competition »

Volume/Issue: 2019/82

Series: IMF Working Papers

Author(s): Federico Diez , Jiayue Fan , and Carolina Villegas-Sánchez

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 April 2019

DOI: http://dx.doi.org/10.5089/9781498311113.001

ISBN: 9781498311113

Keywords: Total factor productivity, Capital stocks, Employment, Production, Production functions, Markups, Market power, TFP, Firm size, markup

Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moder...

Sector-Level Productivity, Structural Change, and Rebalancing in China

Sector-Level Productivity, Structural Change, and Rebalancing in China »

Volume/Issue: 2013/240

Series: IMF Working Papers

Author(s): Malhar Nabar , and Kai Yan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 November 2013

DOI: http://dx.doi.org/10.5089/9781475525854.001

ISBN: 9781475525854

Keywords: structural change, service sector, manufacturing sector, productivity growth, industrial sector, Macroeconomic Analyses of Economic Development, Asia including Middle East,

This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While patterns of structural transformation across China's provinces are broadly in line with internatio...

The Impact of Uncertainty Shocks on the UK Economy

The Impact of Uncertainty Shocks on the UK Economy »

Volume/Issue: 2013/66

Series: IMF Working Papers

Author(s): Stephanie Denis , and Prakash Kannan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2013

DOI: http://dx.doi.org/10.5089/9781475552690.001

ISBN: 9781475552690

Keywords: Uncertainty, industrial production, unemployment, recession, unemployment rate, General, GBR,

This paper quantifies the economic impact of uncertainty shocks in the UK using data that span the recent Great Recession. We find that uncertainty shocks have a significant impact on economic activity in the UK, d...

Trade Linkages and International Business Cycle Comovement: Evidence from Korean Industry Data

Trade Linkages and International Business Cycle Comovement: Evidence from Korean Industry Data »

Volume/Issue: 2019/116

Series: IMF Working Papers

Author(s): Dongyeol Lee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 May 2019

DOI: http://dx.doi.org/10.5089/9781498315845.001

ISBN: 9781498315845

Keywords: External shocks, Economic stabilization, Economic growth, Business cycles, Industrial structure, Business Cycle, Comovement, Trade Linkage, Vertical Linkage, Korean economy

Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper...