Eng, Pierre van der - Crawford School of Public Policy, Australian National … - 2009
new estimates of GDP, capital stock, education-adjusted employment, and factor income shares. After accounting for the … growth of capital stock and education-adjusted employment, the residual TFP growth was on average -0.2% per year during 1971 …- 2007. Capital stock growth and education-augmented employment growth explained 70% and 34%, respectively, and TFP growth -4 …