Barriers to Riches -- Contents -- Tables -- Figures -- Preface -- Acknowledgments -- Introduction -- International Income -- Facts -- Growth Theory with -- No TFP Differences -- Growth Theory with a -- Human Capital Sector -- Growth Theory with -- TFP Differences -- Constraints on Firm --...

By eliminating the influence of statistical noise, stochastic frontier techniques permit the estimation of the best-practice value of a firmś investment opportunities and the magnitude of a firmś systematic failure to achieve its best-practice market value - a gauge of the magnitude of agency...