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010   $a9786613821904
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035   $a(EBL)3014389
035   $a(SSID)ssj0000941201
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035   $a(PQKBTitleCode)TC0000941201
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035   $a(OCoLC)698585648
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035   $a(IMF)WPIEE2006113
035   $a(EXLCZ)993360000000443228
100   $a20020129d2006      uf             0
101 0 $aeng
181   $ctxt
182   $cc
183   $acr
200 10$aGrowth and Productivity in Papua New Guinea /$fEbrima Faal
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2006.
215   $a1 online resource (30 p.)
225 1 $aIMF Working Papers
300   $a"May 2006".
311   $a1-4518-6373-X 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. STRUCTURE OF THE ECONOMY""; ""III. TRENDS IN GDP AND PER CAPITA GDP GROWTH""; ""IV. GROWTH ACCOUNTING AND TOTAL FACTOR PRODUCTIVITY""; ""V. IMPLICATIONS FOR MEDIUM-TERM GROWTH""; ""VI. DETERMINANTS OF PRODUCTIVITY IN PAPUA NEW GUINEA""; ""VII. SUMMARY AND CONCLUSIONS""; ""CALCULATING CAPITAL STOCK""; ""REFERENCES""
330 3 $aThis paper has examined Papua New Guinea's historical economic growth patterns through a simple growth accounting framework. The analysis shows that swings in growth are mostly accounted for by a significant slowdown in capital input and lower Total Factor Productivity (TFP) growth. It also suggests that raising real GDP growth will require increases in both investment levels and productivity. With a ratio of investment to GDP of 13 percent during the last decade, significantly higher productivity growth and investment will be needed to sustain GDP growth rates at 5 percent or higher. The historical performance also indicates that, in the absence of structural reforms and strong institutions, higher rates of productivity growth will be hard to achieve.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2006/113
606   $aGross domestic product$zPapua New Guinea
606   $aMacroeconomics$2imf
606   $aProduction and Operations Management$2imf
606   $aProduction$2imf
606   $aCost$2imf
606   $aCapital and Total Factor Productivity$2imf
606   $aCapacity$2imf
606   $aMacroeconomics: Production$2imf
606   $aLabor Economics: General$2imf
606   $aAccounting$2imf
606   $aLabour$2imf
606   $aincome economics$2imf
606   $aEconomic growth$2imf
606   $aTotal factor productivity$2imf
606   $aProductivity$2imf
606   $aLabor$2imf
606   $aGrowth accounting$2imf
606   $aProduction growth$2imf
606   $aIndustrial productivity$2imf
606   $aLabor economics$2imf
606   $aEconomic development$2imf
606   $aEconomic theory$2imf
607   $aPapua New Guinea$xEconomic conditions
607   $aPapua New Guinea$2imf
615  0$aGross domestic product
615  7$aMacroeconomics
615  7$aProduction and Operations Management
615  7$aProduction
615  7$aCost
615  7$aCapital and Total Factor Productivity
615  7$aCapacity
615  7$aMacroeconomics: Production
615  7$aLabor Economics: General
615  7$aAccounting
615  7$aLabour
615  7$aincome economics
615  7$aEconomic growth
615  7$aTotal factor productivity
615  7$aProductivity
615  7$aLabor
615  7$aGrowth accounting
615  7$aProduction growth
615  7$aIndustrial productivity
615  7$aLabor economics
615  7$aEconomic development
615  7$aEconomic theory
700   $aFaal$b Ebrima$01462139
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788526203321
996   $aGrowth and Productivity in Papua New Guinea$93670981
997   $aUNINA