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Title:Second thoughts on development accounting PDF Logo
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
Kieler Arbeitspapiere, IfW

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