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http://hdl.handle.net/10419/1049
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| Title: | | Second thoughts on development accounting  |
| Authors: | | Gundlach, Erich Rudman, Desmond Wößmann, Ludger |
| Issue Date: | | 1998 |
| Series/Report no.: | | Kieler Arbeitspapiere 895 |
| Abstract: | | 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. |
| JEL: | | O4 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
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