Development accounting with intermediate goods

Jan Grobovsek ()

The B.E. Journal of Macroeconomics, 2018, vol. 18, issue 1, 27

Abstract: I use a simple development accounting framework that distinguishes between goods and service industries on the one hand, and final and intermediate output on the other hand, to document the following facts. First, poorer countries are particularly inefficient in the production of intermediate relative to final output. Second, they are not necessarily inefficient in goods relative to service industries. Third, they present low measured labor productivity in goods industries because these are intensive intermediate users, and because their intermediate TFP is relatively low. Fourth, the elasticity of aggregate GDP with respect to sector-neutral TFP is large.

Keywords: development accounting; intermediate goods; productivity; TFP (search for similar items in EconPapers)
JEL-codes: O10 O41 O47 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: Development Accounting with Intermediate Goods (2016)
Working Paper: Development Accounting with Intermediate Goods (2011)
Working Paper: Development Accounting with Intermediate Goods (2011)
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DOI: 10.1515/bejm-2016-0223

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