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How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a nonparametric upper bound on the increase in output that can be generated by more schooling. The advantage of our approach...
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productivity growth and its cross-country differences, thus implying an important role (as yet unexplained) for the Solow Residual … or the Total Factor Productivity (TFP). However, the increased application of non-parametric methods in growth accounting … that the appropriate technology view is useful in explaining labour productivity growth and its cross-country differences …
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difference in growth path across countries is partly explained by differences in efficiency. …
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productivity change; when expenditure on consumer durables is recorded as capital investment. The capitalization of consumer … durables impacts both the levels and growth rates of the capital stock, productivity and GDP. Our growth accounting … productivity growth in 1995-2004. ICT's impacts were larger, i.e., one-fifth of GVA growth and one-sixth of labour productivity …
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