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Several different approaches to international comparison of Total Factor Productivity (TFP) have now emerged. Among these are the time-series approach, the panel approach, and the cross-section approach. This paper compares methodologies of these different approaches and results that have been...
Persistent link: https://www.econbiz.de/10005195909
Recent research shows that productivity differences are more important than differences in accumulation rates in explaining per capita income differences across countries. So far <i>static</i> differences in productivity have been mainly computed and analyzed in large samples of countries. This paper...
Persistent link: https://www.econbiz.de/10005683778