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An investigation of cross-country incme differences
Ferreira, Pedro Cavalcanti; Issler, Joao victor; … - In: Revista de Analisis Economico – Economic Analysis Review 20 (2005) 2, pp. 3-22
This paper investigates the nature of income inequality across nations. Several exercises, such as variance decompositions, simulations and counter-factual analyses are performed. We find that, although total factor productivity has a leading role in explaining the dispersion of output per...
Persistent link: https://www.econbiz.de/10005808230
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The Evolution of International Output Differences (1960-2000): from Factors to Productivity
Pessoa, Samuel de Abreu; Ferreira, Pedro Cavalcanti - Society for Economic Dynamics - SED - 2004
This article presents a group of exercises of level and growth decomposition of output per worker using cross-country data from 1960 to 2000. Its shown that at least until 1975 factors of production ( capital and education) were the main cause of output dispersion and that productivity variance...
Persistent link: https://www.econbiz.de/10005051445
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The Evolution of International Output Differences (1970-2000): From Factors to Productivity
Ferreira, Pedro; Pessoa, Samuel; Veloso, Fernando - In: Topics in Macroeconomics 8 (2008) 1, pp. 1578-1578
This article presents a group of exercises of level and growth decomposition of output per worker using cross-country data from 1970 to 2000. It is shown that in the early seventies factors of production (capital and education) were the main source of output dispersion across economies and that...
Persistent link: https://www.econbiz.de/10005046449
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On the Role of Productivity and Factor Accumulation in Economic Development in Latin America and the Caribbean
Daude, Christian; Fernandez-Arias, Eduardo - 2010
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 …
Persistent link: https://www.econbiz.de/10010328263
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The Productivity Gap in Latin America: Lessons from 50 Years of Development
Fernández Arias, Eduardo; Rodríguez-Apolinar, Sergio - 2016
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 …
Persistent link: https://www.econbiz.de/10011535769
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The productivity gap in Latin America : lessons from 50 years of development
Fernández Arias, Eduardo; Rodríguez-Apolinar, Sergio - 2016
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 …
Persistent link: https://www.econbiz.de/10011472124
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On the Role of Productivity and Factor Accumulation in Economic Development in Latin America and the Caribbean
Fernandez-Arias, Eduardo; Daude, Christian - Inter-American Development Bank - 2010
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 …
Persistent link: https://www.econbiz.de/10008616873
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On the role of productivity and factor accumulation in economic development in Latin America and the Caribbean
Daude, Christian; Fernández Arias, Eduardo - 2010
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 …
Persistent link: https://www.econbiz.de/10010247133
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On The Tyranny of Numbers: East Asian Miracles in World Perspective
Ferreira, Pedro Cavalcanti; Pessôa, Samuel de Abreu; … - IBMEC Business School - Rio de Janeiro - 2005
In a widely cited paper, Young (1995) showed that the East Asian miracles (Hong Kong, Korea, Singapore and Taiwan) grew mostly through input accumulation during the period 1966-1990. Using data for 83 countries taken from the Penn World Table, version 6.1, and Barro and Lee (2000), we use a...
Persistent link: https://www.econbiz.de/10005551034
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Aggregate production functions and the accounting identity critique: Further reflections on Temple's criticisms and misunderstandings
Felipe, Jesus; McCombie, John - 2012
In a reply to Felipe and McCombie (2010a), Temple (2010) has largely ignored the main arguments that underlie the accounting identity critique of the estimation of production functions using value data. This criticism suggests that estimates of the parameters of aggregate production functions...
Persistent link: https://www.econbiz.de/10010318624