Possible Results:
Sin shocks externos negativos, el exorbitante crecimiento de la PTF hubiera declinado gradualmente, a medida que los resultados de los ajustes institucionales, la reasignación de recursos y el cierre de la brecha tecnológica disminuyeran naturalmente según la hipótesis de la convergencia. | Without negative external shocks, exorbitant TFP growth would have declined gradually, as the returns from institutional adjustment, reallocation of resources, and technological catch-up naturally diminished, in accordance with the convergence hypothesis. |
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