Growth and Productivity in Papua New Guinea / / Ebrima Faal

• Autore: Faal Ebrima
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Descrizione fisica: 1 online resource (30 p.)
• Soggetto topico: Gross domestic product - Papua New Guinea; Macroeconomics; Production and Operations Management; Production; Cost; Capital and Total Factor Productivity; Capacity; Macroeconomics: Production; Labor Economics: General; Accounting; Labour; income economics; Economic growth; Total factor productivity; Productivity; Labor; Growth accounting; Production growth; Industrial productivity; Labor economics; Economic development; Economic theory
• Soggetto geografico: Papua New Guinea Economic conditions; Papua New Guinea
• Note generali: "May 2006".
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""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""
• Sommario/riassunto: This 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.
• Titolo autorizzato: Growth and Productivity in Papua New Guinea
• ISBN: 1-4623-4880-7; 1-4527-8748-4; 1-282-53997-3; 1-4519-0907-1; 9786613821904
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788526203321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/113