New estimates of total factor productivity growth for developing and industrial countries
Material type:
- 31038760
- 23 100 SD:338.9 N396
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 |
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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