This paper combines development and growth accounting exercises with economic theory to estimate the relative … importance of total factor productivity and the accumulation of factors of production in the economic development performance of … Latin America. The region s development performance is assessed by contrast with various alternative benchmarks, both …

This paper combines development accounting exercises with economic theory to assess the importance of total factor … successful development benchmarks are explained by subpar productivity gains rather than slower factor accumulation. The … empirical analysis of the interplay between productivity and accumulation in the process of development suggests that one …

harmonise the national development priorities with international efforts and a number of policies, strategies, programmes … in achieving inclusive growth and sustainable development vis-a-vis 17 selected developed and developing countries …