Dougherty, Chrys; Jorgenson, Dale W. - In: National Institute Economic Review 162 (1997) 1, pp. 57-74
This paper considers the relative importance of investment and productivity in the growth of the G7 countries during the period 1960-89. Investment is the commitment of resources in the expectation of future returns to the investor. Productivity is identified with 'spillovers' of benefits that...
