traditional macro approach to estimating the determinants of total factor productivity (TFP) does not handle them well. To counter … these problems, this paper proposes applying an augmented macro-theoretical model to estimate the determinants of TFP by … non-R&D effects is significant for a number of diffffrent issues. First, the results show a sizable impact on TFP growth …

This paper proposes a fixed-effect panel methodology that enables us to simultaneously take into account both TFP … 2006 and find the absence of an overall process of TFP convergence as we observe that TFP dispersion is virtually constant … across two different subperiods. However, the absence of a strong process of TFP convergence hides interesting and complex …