Discover how allocational efficiency optimizes resource use, balancing societal needs with economic growth. Learn essential ...

Latvia's economy has faced challenges in competitiveness, with labor productivity growth slowing over the past two decades. This paper analyzes labor productivity growth in Latvia and the Baltic ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amanda Bellucco-Chatham is an editor, writer ...

The Pakistan Development Review, Vol. 44, No. 4, Papers and Proceedings PART II Twenty-first Annual General Meeting and Conference of the Pakistan Society of Development Economists Islamabad, December ...

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...

It has long been recognized that infrastructure investment plays a key role in growth. It promotes rapid industrialization through cheaper and more efficient movement of goods, people, and ideas ...

In this paper we apply the profit function method to examine the differences in resource use efficiency between educated and uneducated farmers in paddy production. Empirical results from farm level ...