Average hourly productivity has often been used to draw conclusions on long run per capita GDP growth, based on the … trend among the two variables in the period 1980-2005. Furthermore, we apply a simple decomposition of GDP growth into five … indeed a non-negligible role in explaining the dynamics of long run per capita GDP growth. In particular, these “forgotten …

We test various hypotheses about the causes of the Little Divergence, using new data and focusing on trends in GDP per …