#IMF #WEO April 2018 Chapter 4: Annual #Productivity Growth in #EmergingMarketEconomies #EMEs over 1995-2014 is ~2%; and for #AEs ~1.5%. But even 4 #EMEs, #Domestic R&D makes a *larger* contribution to #Productivity Growth than #Foreign R&D. R results robust 2 excluding #CHN ? pic.twitter.com/brgfS74LzP— Satyen Baindur (@Satyen_Baindur) April 10, 2018
Using an augmented #EME data set, authors find Annual #Productivity growth during 1995-2003 to be ~4%, but declining to less than 2% during 2004-14; however, #Foreign R&D contributed a larger share, both relative to 1995-2003, and the smaller data set of the previous figure… pic.twitter.com/L2JTI9ftZH— Satyen Baindur (@Satyen_Baindur) April 10, 2018
