Badunenko, Oleg; Henderson, Daniel; Russell, R. - In: Journal of Productivity Analysis 40 (2013) 2, pp. 153-171
decompose (labor) productivity growth into components attributable to technological change (shift of the production frontier … bimodality) and divergence (increased variance) of the world productivity distribution. First, unlike earlier studies, we find … attributed the overall change in the distribution exclusively to physical capital accumulation, we find that technological change …