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In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
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productivity growth ; technology indicator ; technology shifter ; OECD countries …
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any total factor productivity measures computed. Our empirical findings imply that sectoral structure is of crucial …
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