Cornwell, Christopher Mark; Wächter, Jens-Uwe - 1999
The empirical growth literature has focused on capital accumulation but largely ignored productivity growth. To address … this imbalance, we propose a methodology for analyzing productivity convergence based on frontier production functions. We … importance of efficiency changes for economic growth. Using a sample of 26 OECD countries from 1965-90, we find convergence and …