The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has … Asian countries according to their growth performance. A parsimonious specification containing only initial income, initial … education, and institutional quality accounts for virtually all of the variation in the growth performance in the region, even …

-dimensional trade of economic growth. The note shows instead that growth appears to be the sum of two terms: the traditional Solow term … (proportional to the distance between the initial and `terminal' value of per-capita income); and the `productivity wedge', which is …' determinant of economic growth. In order to do that, the note estimates a growth equation in which an idiosyncratic term is …

Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects … for larger firms (e.g. over 150 employees). We also find the policy raises area level manufacturing employment mainly …

time and/or countries. We demonstrate this argument by identifying structural breaks in growth regressions estimated with …-oriented reforms. We find robust evidence that the pattern of growth in transition has changed at least two times, yielding thus three … different models of growth associated with different stages of reform. The speed with which individual countries progress …

-country growth regressions. When the time series are persistent, the first-differenced GMM estimator can be poorly behaved, since …-differenced GMM in our estimation of an empirical growth model. …

comparisons of productivity growth across decades and among nations. Primarily intended for non-US readers, this paper serves the … aspects of US methods which affect international comparisons of inflation and output growth. The traditional problem of …-country differences in measurement methods tend to overstate the recent productivity performance of US relative to European manufacturing …

Replication of two recent studies of growth determinants shows that results are sensitive to the choice of data from … which growth rates are calculated, especially with respect to whether economic convergence has occurred. Previous warnings … (growth rates) have been largely ignored at the cost of possibly contaminating the conclusions. …

The empirical literature on economic growth and development has moved from the study of proximate determinants to the … on productivity, or have operated indirectly as barriers to the diffusion of productivity-enhancing innovations across …

growth accounts including intangible capital for 14 countries. We find (a) intangible investment in the EU is less than the … 2007 capital deepening accounted for almost 50% of growth in the EU and 65% in the US, with intangible investment … contributing around half of capital deepening (c) higher rates of intangible capital deepening are associated with higher TFP …

determinants of growth. Extensions of the neoclassical model that incorporate these factors explain rather well the long-run growth … trend. These models do not explain very well the variation of growth rates over time, however, and the lack of robustness of … international income distribution of income, or the policies which may have an impact on growth. …