Despite the widespread popularity of the Solow growth model, much of the recent empirical work based on the classic … framework misrepresents a crucial feature of the model. Namely, the growth rate of technological progress, assumed to be …

productivity. This framework is based on a multi-sector general equilibrium model with sector-specific frictions in the form of … functions. Moreover, this framework is consistent with that commonly used in productivity analysis. I apply this framework to … measure to what extent resource misallocation explains the differences in aggregate productivity across developed countries. I …

Growth accounting exercises point to aggregate TFP dierences as the dominant source of the large cross-country income … reallocation of labor between sectors and GDP per capita growth of a set of developing countries over a 40-year period. I nd that …. While these ndings are consistent with empirical studies, they dier from ndings in the growth literature. …

“capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first …-induced” productivity improvement significantly enhance growth? And finally, what is the magnitude of the TFP growth channel compared to the … productivity. Most interestingly, our estimates suggest that this channel conveys the most important part of the growth …

The role of productivity in accelerating the pace of economic growth is well recognized in economic literature and this …

This paper reviews the experience of sustained growth in Spain and those countries belonging to the G7 in light of … sources of growth over the extensive period of 1970-2001, and in particular the effects of both direct and indirect technical … United States showed a behavior that was influenced by new technologies, whereas in Spain the contribution of productivity to …

(ICT) and its impact on economic growth over the last decade. It shows a wide set of indicators reflecting a technological … by asset type allowed us to do carry out a Growth Accounting exercise. As a result, we find that since 1995, the steady … fall in labor productivity is explained by an insufficient investment on non-ICT capital as well as by a negative …

)on the productivity of the manufacturing sectors, as well as their contribution to the rise in productivity of the Spanish …

of the different sources of productivity growth, which make use of the growth accounting framework; the impact of the …. The motivation behind this paper is the poor productivity performance that the two countries have shown recently. The … general overview details the factors underlying the process of per capita income convergence. Productivity performance is …

Growth and imports are correlated across countries, but the mechanisms underlying this relationship are not well … understood. I develop a multi-country model in which imports and growth are connected by technological innovations and their … international diffusion through trade. Fitting the model to data on innovation, productivity, and trade in varieties, I find that …