Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/92428
Authors: 
Smolny, Werner
Year of Publication: 
1995
Series/Report no.: 
Discussion Paper, Center for International Labor Economics (CILE), University of Konstanz 21
Abstract: 
In the paper, the productivity growth of German sectors is analyzed. Sectoral production functions are estimated with annual national account data of 51 sectors from 1960-1990. Both, the pure Solow growth model and the Solow model augmented with human capital do not account for observed productivity increases. It should be extended by allowing for inter-industry spillovers and scale economies at the aggregate level, as well as for scale economies associated with human capital at the sectoral level. The business cycle affects observed productivy changes both in the short run and in the long run.
Subjects: 
Endogenous growth
human capital
intersectoral spillovers
JEL: 
D24
O47
O52
Document Type: 
Working Paper

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