It takes the average reader and 23 minutes to read Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa by Mr. Vivek B. Arora
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This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap provides statistically significant information for predicting inflation and could thus provide valuable input for formulating macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of apartheid in 1994 is attributable to higher TFP growth driven by trade liberalization and greater private sector participation.
Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa by Mr. Vivek B. Arora is 23 pages long, and a total of 5,819 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa aloud.
Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa is suitable for students ages 8 and up.
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