to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and …

appears unaffected: investment rates are flat, and productivity has slowed down. We investigate whether measurement issues … labour shares, growth in labour and total factor productivity, and capital deepening. We find (a) MGVA was understated by … productivity and capital deepening has been understated and growth in total factor productivity overstated (e) total factor …