haku: @author Kumar, s. / yhteensä: 14
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| Tekijä: | Kumar, S. Russell, R. R. |
| Otsikko: | Technological Change, Technological Catch-up, and Capital Deepening: Relative Contributions to Growth and Convergence |
| Lehti: | American Economic Review
2002 : JUN, VOL. 92:3, p. 527-548 |
| Asiasana: | TECHNOLOGICAL CHANGE TECHNOLOGY CAPITAL ACCUMULATION GROWTH |
| Kieli: | eng |
| Tiivistelmä: | The authors decompose labor-productivity growth into components attributable to (1) technological change, (2) technological catch-up, and (3) capital accumulation. The world production frontier is constructed using deterministic methods requiring no specification of functional form for the technology nor any assumption about market structure or the absence of market imperfections. The authors analyze the evolution of the cross-country distribution of labor productivity in terms of the tripartite decomposition, finding that technological change is decidedly nonneutral and that both growth and bipolar international divergence are driven primarily by capital deepening. |
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