Skip navigation
14
0

Attachments [ 0 ]

There are no files associated with this item.

More Details

2010
INTERNATIONAL MONETARY FUND
INTERNATIONAL MONETARY FUND
1018-5941 | 2227-8885
EPUB
Working Paper No. 10/101
9781452739953 | 9781451987232 | 9781452739953 | 9781462308323

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 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.

Comments

(Leave your comments here about this item.)

Item Analytics

Select desired time period