Productivity Growth in the Western Hemisphere (1978–94): The Caribbean in Perspective |
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| Authors: | Lall Pooran Featherstone Allen M. Norman David W. |
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| Affiliation: | (1) Central Missouri State University, USA;(2) Department of Agricultural Economics, Kansas State University, USA |
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| Abstract: | Productivity growth, technical efficiency change, and technological change were measured for a sample of 30 countries in the Western Hemisphere for the 1978–1994 period using the Malmquist index. The Caribbean compared unfavorably with North America and the Latin American regions. Evidence indicated some support for the convergence hypothesis. Regression analysis indicated that productivity growth in the Caribbean was positively associated with civil, economic, and political liberty. |
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| Keywords: | productivity growth technical efficiency change technology change Malmquist index Caribbean convergence Latin America |
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