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We apply recent results from the statistics literature to test for multimodality of worldwide distributions of several (unweighted and population-weighted) measures of labor productivity. Specifically, we employ Silverman (Bump) and Dip modality tests, calibrated to correct for their incorrect...
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We decompose labor-productivity growth into components attributable to (1) technological change (shifts in the world production frontier), (2) technological catch-up (movements toward or away from the frontier), and (3) capital accumulation (movement along the frontier). The world production...
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This paper reports on the application of an econometric forecasting technique to a state (Hawaii) with a relatively simple revenue structure and sufficient data to permit the estimation of relationships which determine the bulk of state revenues. A thirty-equation model which determines excise,...
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