The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth.
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If there is a higher predictability, oil suppliers can have a better outlook for demand and can steadily increase investment,Toshihiko Fukui
Asset price fluctuations have important implications for promoting more efficient resource allocations and achieving sustained growth in the long run.
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Based on Topics: Capital QuotesBased on Keywords: capita, deepening, tfp
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