Second thoughts on development accounting
Erich Gundlach (),
D. Rudman and
Authors registered in the RePEc Author Service: Ludger Woessmann ()
Applied Economics, 2002, vol. 34, issue 11, 1359-1369
The relative roles of factor inputs and productivity are estimated in explaining the level of economic development. For a large sample of countries, it is shown that international differences in factor inputs account for between two thirds and three quarters of international differences in output per worker if alternative identifying productivity assumptions and a quality-adjusted measure of human capital are employed. For a sample of OECD countries, it is found that all differences in output per worker can be attributed to differences in factor inputs, leaving no role for international productivity differences. This result supports the reasoning of a traditional neoclassical growth model.
References: Add references at CitEc
Citations View citations in EconPapers (24) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
Working Paper: Second thoughts on development accounting (2002)
Working Paper: Second thoughts on development accounting (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:taf:applec:v:34:y:2002:i:11:p:1359-1369
Ordering information: This journal article can be ordered from
Access Statistics for this article
Applied Economics is currently edited by Anita Phillips
More articles in Applied Economics from Taylor & Francis Journals
Series data maintained by Michael McNulty ().