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This study presents a GDP per capita level and growth comparison across 17 main advanced countries and over the 1890-2013 long period. It proposes also a comparison of the level and growth of the main components of GDP per capita through an accounting breakdown and runs Philips-Sul (2007)...
Persistent link: https://www.econbiz.de/10011269009
In order to examine innovation diffusion and convergence processes, we study productivity trends, trend breaks and levels for 13 advanced countries over 1890-2012. We highlight two productivity waves, a big one following the second industrial revolution and a small one following the ICT...
Persistent link: https://www.econbiz.de/10010815951
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
Persistent link: https://www.econbiz.de/10008503199
The paper measures productivity growth in seventeen countries in the nineteenth and twentieth centuries.  GDP per worker and capital per worker in 1985 US dollars were estimated for 1820, 1850, 1880, 1913, 1939 by using historical national accounts to back cast Penn World Table data for 1965...
Persistent link: https://www.econbiz.de/10009001283
The past 120 years have been characterised by: (i) rapid economic growth and large productivity gains in the four countries; (ii) a decline in productivity in the United Kingdom relative to the United States, and to a lesser extent also relative to France and Japan until the second world war...
Persistent link: https://www.econbiz.de/10008631662
The authors examine the relative importance of the growth of physical and human capital and the growth of total factor productivity (TFP) using newly organized data on 145 countries that span more than one hundred years for twenty-four of these countries. For all countries, only 3 percent of...
Persistent link: https://www.econbiz.de/10014048894
Using newly created data containing real output per worker, real physical capital per worker, and human capital per worker for US states from 1840 to 2000, Turner et. al (2007) analyze the growth rates of aggregate inputs and total factor productivity (TFP). We continue this line of work by...
Persistent link: https://www.econbiz.de/10014220382
We employ a non-parametrical approach to growth accounting (Data Envelopment Analysis, DEA) to disentangle the proximate sources of labour productivity growth in 41 nations between 1929 and 1950 by decomposing productivity growth into four components: technological change, efficiency catch-up...
Persistent link: https://www.econbiz.de/10014225260
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation - and multifactor productivity (MFP) - allowing for changes in the composition of fixed capital....
Persistent link: https://www.econbiz.de/10014144070
This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and...
Persistent link: https://www.econbiz.de/10014025605