Decomposing the international variation in capital per worker

Marcelo Albuquerque Mello ()

Economics Letters, 2011, vol. 113, issue 2, pages 189-191

Abstract: In a broad panel over the period 1970–2000 we find that approximately 40% of the international variation in capital per worker is accounted for by the cross-country variance in the relative price of capital.

Keywords: Capital per worker; Relative price of capital; Variance decomposition (search for similar items in EconPapers)
JEL-codes: E22 O11 O16 O41 (search for similar items in EconPapers)
Date: 2011
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Persistent link: http://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:2:p:189-191

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