Gashe, Kalalto; Sime, Zerayehu; Mada, Melkamu - In: Cogent economics & finance 12 (2024) 1, pp. 1-19
This paper defines total factor productivity as a function of a nation's intellectual capital. By developing a simple model, it explored the long-run relationship between intellectual capital and total factor productivity. The value of total factor productivity for each country was computed from...