Convergence and productivity growth: Evidence from the Republic of Srpska
The paper is mainly aimed at identifying the sources of total factor productivity (TFP) growth within the framework of convergence for the Republic of Srpska (RSRP). The main research question is what it is that drives technological progress for a small transition country. The current study focuses...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Kragujevac
2023-12-01
|
| Series: | Economic Horizons |
| Subjects: | |
| Online Access: | http://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2023_3/EH_2023_3_en_4_ZB.pdf |
| _version_ | 1797392902569066496 |
|---|---|
| author | Zoran Borović Dalibor Tomaš Jelena Trivić |
| author_facet | Zoran Borović Dalibor Tomaš Jelena Trivić |
| author_sort | Zoran Borović |
| collection | DOAJ |
| description | The paper is mainly aimed at identifying the sources of total factor productivity (TFP) growth within the framework of convergence for the Republic of Srpska (RSRP). The main research question is what it is that drives technological progress for a small transition country. The current study focuses on the RSRP, as the follower, and the Republic of Serbia (RSRB), as the technological leader. The analysis carried out in this research study confirms the presence of convergence at the industry level, which means that the farther away from the technological frontier a country is, the higher the TFP growth rate. The research results enable policymakers to design and implement policies capable of enhancing domestic development and increase productivity growth.
|
| first_indexed | 2024-03-08T23:55:14Z |
| format | Article |
| id | doaj.art-f560c3dceeb94d4f9728bcfbaae1764f |
| institution | Directory Open Access Journal |
| issn | 1450-863X 2217-9232 |
| language | English |
| last_indexed | 2024-03-08T23:55:14Z |
| publishDate | 2023-12-01 |
| publisher | University of Kragujevac |
| record_format | Article |
| series | Economic Horizons |
| spelling | doaj.art-f560c3dceeb94d4f9728bcfbaae1764f2023-12-13T07:53:45ZengUniversity of KragujevacEconomic Horizons1450-863X2217-92322023-12-01253213225doi:10.5937/ekonhor2303231BConvergence and productivity growth: Evidence from the Republic of SrpskaZoran Borović0Dalibor Tomaš1Jelena Trivić2University of Banja Luka, Faculty of Economics, The Republic of SrpskaUniversity of Banja Luka, Faculty of Economics, The Republic of SrpskaUniversity of Banja Luka, Faculty of Economics, The Republic of SrpskaThe paper is mainly aimed at identifying the sources of total factor productivity (TFP) growth within the framework of convergence for the Republic of Srpska (RSRP). The main research question is what it is that drives technological progress for a small transition country. The current study focuses on the RSRP, as the follower, and the Republic of Serbia (RSRB), as the technological leader. The analysis carried out in this research study confirms the presence of convergence at the industry level, which means that the farther away from the technological frontier a country is, the higher the TFP growth rate. The research results enable policymakers to design and implement policies capable of enhancing domestic development and increase productivity growth. http://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2023_3/EH_2023_3_en_4_ZB.pdftotal factor productivityproductivity convergencetraderesearch and developmenthuman capital |
| spellingShingle | Zoran Borović Dalibor Tomaš Jelena Trivić Convergence and productivity growth: Evidence from the Republic of Srpska Economic Horizons total factor productivity productivity convergence trade research and development human capital |
| title | Convergence and productivity growth: Evidence from the Republic of Srpska |
| title_full | Convergence and productivity growth: Evidence from the Republic of Srpska |
| title_fullStr | Convergence and productivity growth: Evidence from the Republic of Srpska |
| title_full_unstemmed | Convergence and productivity growth: Evidence from the Republic of Srpska |
| title_short | Convergence and productivity growth: Evidence from the Republic of Srpska |
| title_sort | convergence and productivity growth evidence from the republic of srpska |
| topic | total factor productivity productivity convergence trade research and development human capital |
| url | http://horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2023_3/EH_2023_3_en_4_ZB.pdf |
| work_keys_str_mv | AT zoranborovic convergenceandproductivitygrowthevidencefromtherepublicofsrpska AT dalibortomas convergenceandproductivitygrowthevidencefromtherepublicofsrpska AT jelenatrivic convergenceandproductivitygrowthevidencefromtherepublicofsrpska |