01662cas a2200241 a 4500 AALejournalIMF009444 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451867282 1018-5941 BD-DhAAL BD-DhAAL Iradian, Garbis. Rapid Growth in Transition Economies : Growth-Accounting Approach / Garbis Iradian. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper uses the growth-accounting approach to determine the sources of growth in transition economies. The central conclusion is that the estimated total factor productivity (TFP) growth for the former Soviet Union republics were significantly higher than other fast growing economies. A key question for prospective growth is whether the TFP gains achieved thus far have already eliminated most of the inefficiencies of central planning-and will therefore soon fade away. Underutilized labor combined with the recent trend of faster capital accumulation may play a more important role in the medium-term growth. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/164 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/164/001.2007.issue-164-en.xml IMF e-Library