Total Factor Productivity equation and development accounting: New evidence.

The aim of this paper is reconciliating spatial autocorrelation often observed in the world distribution of wealth and its effects on development gap. Neglecting spatial autocorrelation potentially biased our vision on the role of physical capital in development process. We therefore show that the total contribution of physical capital account almost 90% of differences between developing countries and the most richest countries.

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Year of publication:	2006-04
Authors:	KOCH, Wilfried
Institutions:	Laboratoire d'Économie de Dijon (LEDI), Université de Bourgogne
Subject:	Development accounting \| Total Factor Productivity \| Spatial Autocorrelation \| Technological interdependence

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Series:	LEG - Document de travail - Economie. - ISSN 1260-8556.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2006-04 32 pages
Classification:	C21 - Cross-Sectional Models; Spatial Models ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O40 - Economic Growth and Aggregate Productivity. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005035508