Development Accounting and the Rise of Tfp Rabah Arezki

ISBN: 9781283552967

Published: April 1st 2010

ebook

34 pages


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Development Accounting and the Rise of Tfp  by  Rabah Arezki

Development Accounting and the Rise of Tfp by Rabah Arezki
April 1st 2010 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 34 pages | ISBN: 9781283552967 | 5.76 Mb

The paper presents evidence that the contribution of differences in total factor productivity (TFP) to income differences across countries steadily increased between 1970 and 2000. We verify that our finding is neither imputable to measurement errorsMoreThe paper presents evidence that the contribution of differences in total factor productivity (TFP) to income differences across countries steadily increased between 1970 and 2000.

We verify that our finding is neither imputable to measurement errors in input factors nor dependent on the assumption of factor neutral differences in technology. We conclude that theories explaining cross-country income differences based on institutions or on forces that are constant over time, such as geography or legal origin, should be reconsidered in the light of their consistency with the rise of the explanatory power of TFP.



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