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Analysing growth and productivity in Syria by growth accounting

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  • Schalk, Hans Joachim
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    Abstract

    This study investigates the performances of growth and productivity in Syria for the period 1985-2008 by means of growth accountings for the total economy and three major sectors, agriculture, industry, and services. Based on these analyses, guidelines for policies are suggested aiming at the targets for growth and employment as projected in the 11th Five-Year Plan of the economy for the period 2011-2015. The relative importance of the growth of physical capital and labour, of human capital and total factor productivity (TFP) is assessed. The study shows that much higher investments in physical and human capital per year are necessary than accomplished in the recent past in all sectors to achieve the projected growth targets of the Plan. Particularly in the industry sector negative TFP growth hampers growth of output and productivity in the global economy. Growth and reform policy should be focused in the planning period particularly on this sector in order to meet the requirements with respect to the growth and employment targets for the total economy in the Plan. --

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    Bibliographic Info

    Paper provided by Center of Applied Economic Research Münster (CAWM), University of Münster in its series CAWM Discussion Papers with number 50.

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    Date of creation: 2011
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    Handle: RePEc:zbw:cawmdp:50

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    Keywords: economic growth; productivity; growth accounting; investment; TFP;

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    1. Abu-Qarn, Aamer & Abu-Bader, Suleiman, 2005. "A Versus K Revisited: Evidence from Selected MENA Countries," MPRA Paper 1114, University Library of Munich, Germany.
    2. Barry Bosworth & Susan M. Collins & Arvind Virmani, 2006. "Sources of Growth in the Indian Economy," India Policy Forum, Global Economy and Development Program, The Brookings Institution, vol. 3(1), pages 1-69.
    3. Robert J. Barro & Jong-Wha Lee, 2010. "A New Data Set of Educational Attainment in the World, 1950–2010," NBER Working Papers 15902, National Bureau of Economic Research, Inc.
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