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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/1049| Title: | Second thoughts on development accounting |
| Keywords: | O4 ddc:330 Arbeitsproduktivität Entwicklungskonvergenz Schätzung Wachstumstheorie Humankapital Technischer Fortschritt Vergleich Welt OECD-Staaten |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | We estimate the relative roles of factor inputs and productivity in explaining the level of economic development, which is measured as output per worker. For a large sample of countries, we show that alternative identifying productivity assumptions and alternative measures of human capital have a large impact on the relative weights of factor inputs and productivity in a decomposition of output per worker. For a sample of OECD countries, we find that productivity has almost no role in explaining cross-country differences in output per worker. This result supports the reasoning of a traditional neoclassical growth model. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/1049 |
| Other Identifiers: | http://hdl.handle.net/10419/1049 ppn:253163811 ppn:253163811 |
| Appears in Collections: | EconStor |
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