Arbeitspapier
Second thoughts on development accounting
We estimate the relative roles of factor inputs and productivity in explaining the level of economic development, which is measured as output per worker. For a large sample of countries, we show that alternative identifying productivity assumptions and alternative measures of human capital have a large impact on the relative weights of factor inputs and productivity in a decomposition of output per worker. For a sample of OECD countries, we find that productivity has almost no role in explaining cross-country differences in output per worker. This result supports the reasoning of a traditional neoclassical growth model.
- Language
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Englisch
- Bibliographic citation
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Series: Kiel Working Paper ; No. 895
- Classification
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Wirtschaft
- Subject
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Arbeitsproduktivität
Entwicklungskonvergenz
Schätzung
Wachstumstheorie
Humankapital
Technischer Fortschritt
Vergleich
Welt
OECD-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Gundlach, Erich
Rudman, Desmond
Wößmann, Ludger
- Event
-
Veröffentlichung
- (who)
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Kiel Institute of World Economics (IfW)
- (where)
-
Kiel
- (when)
-
1998
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gundlach, Erich
- Rudman, Desmond
- Wößmann, Ludger
- Kiel Institute of World Economics (IfW)
Time of origin
- 1998
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Bildungsressourcen, Bildungsinstitutionen und Bildungsqualität: Makroökonomische Relevanz und mikroökonomische Evidenz
The decline of schooling productivity in OECD countries
Family background, schooling resources, and institutional features: What determines student performance in East Asian countries?
The fading productivity of schooling in East Asia
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Cross-country evidence on human capital and the level of economic development
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