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Colonial Americans were very poor by today’s standard of poverty. On
the eve of the American Revolution, GDP per capita in the United States
stood at approximately $765 (in 1992 dollars).1 Incomes r...
Total Factor Productivity Growth in the Philippines: 1960−2000
Total Factor Productivity Philippines
2009/9/1
Average total factor productivity growth (TFPG) for the Philippine economy
is negative, indicating that it has not been the source of growth in the
Philippines. However, TFPG estimates showed an inc...