Aggregate Uncertainty and Sectoral Productivity Growth.

Choi, Sangyup.

Aggregate Uncertainty and Sectoral Productivity Growth. - Washington, D.C. : International Monetary Fund, 2016. - 1 online resource (44 pages)

Cover; Contents; I. Introduction; II. Review of Literature; III. Theoretical Framework; IV. Data and Methodology; A. Data; B. Empirical Methodology; V. Results; A. Baseline Results and Interpretation; B. Robustness Checks; C. Nonlinearities; D. Recessions vs. Expansions; VI. Conclusions; References; Figures; 1. Figure 1. Evolution of country-specific uncertainty (1985-2010); 2. Figure 2. Dependence on external finance; 3. Figure 3. Uncertainty and TFP growth: correlation at the aggregate level; 4. Figure 4. Uncertainty and TFP growth: correlation at the industry level; Table. 5. Table 1. Descriptive Statistics of the Country-specific Uncertainty Indices6. Table 2. The Effect of Uncertainty on TFP Growth: Baseline; 7. Table 3. The Effect of Uncertainty on TFP Growth: Manufacturing Versus Non- manufacturing; 8. Table 4. The Effect of Uncertainty on TFP Growth: Controlling for Other Effects; 9. Table 5. The Effect of Uncertainty on Productivity Growth: Controlling for Other Effects; 10. Table 6. The Effect of Economic Policy Uncertainty on TFP and Labor Productivity Growth. 11. Table 7. The Effect of Uncertainty on TFP and Productivity Growth: Testing for Non- linearities12. Table 8. The Effect of Uncertainty on TFP and Productivity Growth: Testing for Non- linearities; 13. Table 9. The Effect of Uncertainty on TFP and Productivity Growth: The Role of Business cycle; Appendix; 1. Table A.1. Description of Stock Market Data Used to Construct Uncertainty Indices.

1475526490 9781475526493


Uncertainty.
Uncertainty.
Industrial productivity.
Economic development.


Electronic books.

BF463.U5.A347 2016

338.5

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