Sapio, Sandro; Roventini, Andrea; Napoletano, Mauro - In: Economics Bulletin 15 (2006) 7, pp. 1-8
This paper shows that the available stylized facts on productivity dynamics, such as persistent cross-sectoral heterogeneity, do not allow to solve an identification problem regarding the impact of common drivers - such as General Purpose Technologies (GPTs) - on economic growth. The evidence of...