Total Factor Productivity equation and development accounting: New evidence

Wilfried Koch ()

No 2006-04, LEG - Document de travail - Economie from LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne

Abstract: The aim of this paper is reconciliating spatial autocorrelation often observed in the world distribution of wealth and its effects on development gap. Neglecting spatial autocorrelation potentially biased our vision on the role of physical capital in development process. We therefore show that the total contribution of physical capital account almost 90% of differences between developing countries and the most richest countries.

Keywords: Development accounting; Total Factor Productivity; Spatial Autocorrelation; Technological interdependence. (search for similar items in EconPapers)
JEL-codes: C21 O33 O40 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2006-04
New Economics Papers: this item is included in nep-dev and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:lat:legeco:2006-04

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