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New estimates of total factor productivity growth for developing and industrial countries

By: Material type: TextTextSeries: Policy research working papers, 1313Publication details: Washington, D.C. : World Bank, International Economics Dept., 1994Description: 36 pages : illustrations ; 28 cmISBN:
  • 31038760
Subject(s): DDC classification:
  • 23 100 SD:338.9 N396
Contents:
An error correction model using new data on human and physical capital stock, is used to estimate the growth of total factor productivity for 83 countries for 1960-87. The results show that human capital accumulation explains more cross- country variations in growth than previously thought. And cross- country differences in total factor productivity growth can be attributed mostly to differences in initial conditions and political stability
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Holdings
Item type Current library Call number Status Date due Barcode Item holds
Reports ISI Library, Kolkata Reports & Records Collection 100 SD:338.9 N396 (Browse shelf(Opens below)) Available C23494
Total holds: 0

An error correction model using new data on human and physical capital stock, is used to estimate the growth of total factor productivity for 83 countries for 1960-87. The results show that human capital accumulation explains more cross- country variations in growth than previously thought. And cross- country differences in total factor productivity growth can be attributed mostly to differences in initial conditions and political stability

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