Jorgenson, Dale W.; Vu, Khuong - Institute of Economic Research, Hitotsubashi University - 2006
-2004. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth … greatly predominates! Moreover, differences in per capita output levels are explained by differences in per capita input … must be
displaced by up-to-date techniques that employ information technology
equipment and software.
The output gap …