The Evolution of International Output Differences (1960-2000): From Factors to Productivity

Pedro Ferreira, Samuel Pessôa and Fernando Veloso
Additional contact information
Samuel Pessôa: EPGE/FGV

No 2005-11, IBMEC RJ Economics Discussion Papers from Economics Research Group, IBMEC Business School - Rio de Janeiro

Abstract: This article presents a group of exercises of level and growth decomposition of output per worker using cross-country data from 1960 to 2000. It is shown that at least until 1975 factors of production (capital and education) were the main source of output dispersion across economies and that productivity variance was considerably smaller than in later years. Only after this date did the prominence of productivity start to show up in the data, as the majority of the literature has found. The growth decomposition exercises showed that the reversal of relative importance of productivity vis-a-vis factors is explained by the very good (bad) performance of productivity of fast- (slow-) growing economies. Although growth in the period, is on average, is mostly due to factor accumulation, its variance is explained by productivity.

Keywords: Cross-Country Income Inequality; Development; Total Factor Productivity; Aggregate Production Function; Growth Decomposition (search for similar items in EconPapers)
JEL-codes: O11 O47 (search for similar items in EconPapers)
Date: 2005-11-30
New Economics Papers: this item is included in nep-afr, nep-dev and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://professores.ibmecrj.br/erg/dp/papers/dp200511.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to professores.ibmecrj.br:80 (No such host is known. )

Related works:
Working Paper: The evolution of international output differences (1960-2000): From factors to productivity (2004)
Working Paper: The Evolution of International Output Differences (1960-2000): from Factors to Productivity (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibr:dpaper:2005-11

Access Statistics for this paper

More papers in IBMEC RJ Economics Discussion Papers from Economics Research Group, IBMEC Business School - Rio de Janeiro Contact information at EDIRC.
Bibliographic data for series maintained by Márcio Laurini ( this e-mail address is bad, please contact ).