Gnan, Ernest; Janger, Jürgen; Scharler, Johann - In: Monetary Policy & the Economy (2004) 1, pp. 23-46
This study, which offers a thorough analysis of growth in the past four decades, pinpoints total factor productivity (TFP) and human capital as the main engines of growth in Austria. In a further step it sheds light on the determining factors of TFP against the backdrop of a theoretical...