FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1489288237> ?p ?o ?g. }

• W1489288237 startingPage "1" @default.
• W1489288237 abstract "The authors present new estimates of long-term total factor productivity (TFP) growth for 83 industrial and developing countries for 1960-87. These estimates are based on new data developed for the research project on total factor productivity growth (and available on diskette). Although based on theoldgrowth theory, the estimates are derived from a cross-country production function using an error-correction model. This is more appropriate than the usual first-difference model for capturing long-term relations. The authors concluded the following: (a) The estimated cross-country production function shows that human capital accumulation is far more important in explaining growth than several earlier studies have indicated. This conforms with recent studies that find raw labor's share in income to be much less than thought previously. (b) Contrary to the results of other studies, TFP growth in high-income countries has been comparable to that in faster-growing low and middle income countries. (c) The fastest growing developing economies have based their growth more on the rapidity with which they have accumulated physical and human capital than on high TFP growth. (d) Cross-country differences in TFP growth are largely due to differences in the level of political stability and initial conditions (notably, initial per capita income and the initial level of human capital). (e) Cross-country differences in TFP growth (once corrected for initial conditions and political stability) cannot be explained by structural and policy differences for which data are readily available (despite and exhaustive search for other explanations). (f) Sub - Saharan Africa is the only region for which the actual TFP growth is significantly lower than the TFP growth predicted on the strength of initial conditions and political stability (by about 1.1 percentage points a year). The cross-country profile of TFP growth and the role of initial conditions point toward the dual role played by human capital in the development process: as a standard factor of production to be accumulated and as a source of learning and entrepreneurship and hence of interesting growth dynamics. It may be necessary to rethink the concept ofTFP as the residualin models with human capital. The relationship between policy variables and TFP growth is likely to be sensitive tothe way human capital is incorporated in the production function. These substantive issues, along with a number of econometric refinements, are fruitful avenues for further research." @default.
• W1489288237 created "2016-06-24" @default.
• W1489288237 creator A5066635512 @default.
• W1489288237 date "1994-06-30" @default.
• W1489288237 modified "2023-09-27" @default.
• W1489288237 title "New estimates of total factor productivity growth for developing and industrial countries" @default.
• W1489288237 cites W1546524898 @default.
• W1489288237 cites W1562981345 @default.
• W1489288237 cites W1974791429 @default.
• W1489288237 cites W1989864366 @default.
• W1489288237 cites W1998055936 @default.
• W1489288237 cites W2006775525 @default.
• W1489288237 cites W2017941253 @default.
• W1489288237 cites W2110603299 @default.
• W1489288237 cites W2123124541 @default.
• W1489288237 cites W2133833730 @default.
• W1489288237 cites W2136982215 @default.
• W1489288237 cites W2138632812 @default.
• W1489288237 cites W2144380346 @default.
• W1489288237 cites W2795891046 @default.
• W1489288237 cites W3121407915 @default.
• W1489288237 cites W3124380383 @default.
• W1489288237 cites W3125362177 @default.
• W1489288237 cites W3204717799 @default.
• W1489288237 hasPublicationYear "1994" @default.
• W1489288237 type Work @default.
• W1489288237 sameAs 1489288237 @default.
• W1489288237 citedByCount "61" @default.
• W1489288237 countsByYear W14892882372012 @default.
• W1489288237 countsByYear W14892882372013 @default.
• W1489288237 countsByYear W14892882372014 @default.
• W1489288237 countsByYear W14892882372015 @default.
• W1489288237 countsByYear W14892882372016 @default.
• W1489288237 countsByYear W14892882372019 @default.
• W1489288237 crossrefType "posted-content" @default.
• W1489288237 hasAuthorship W1489288237A5066635512 @default.
• W1489288237 hasConcept C107694188 @default.
• W1489288237 hasConcept C120009192 @default.
• W1489288237 hasConcept C127598652 @default.
• W1489288237 hasConcept C139719470 @default.
• W1489288237 hasConcept C139876678 @default.
• W1489288237 hasConcept C144024400 @default.
• W1489288237 hasConcept C145236788 @default.
• W1489288237 hasConcept C149782125 @default.
• W1489288237 hasConcept C149923435 @default.
• W1489288237 hasConcept C160443848 @default.
• W1489288237 hasConcept C162324750 @default.
• W1489288237 hasConcept C204983608 @default.
• W1489288237 hasConcept C2776943663 @default.
• W1489288237 hasConcept C2778348673 @default.
• W1489288237 hasConcept C2908647359 @default.
• W1489288237 hasConcept C4249254 @default.
• W1489288237 hasConcept C50522688 @default.
• W1489288237 hasConcept C83864248 @default.
• W1489288237 hasConceptScore W1489288237C107694188 @default.
• W1489288237 hasConceptScore W1489288237C120009192 @default.
• W1489288237 hasConceptScore W1489288237C127598652 @default.
• W1489288237 hasConceptScore W1489288237C139719470 @default.
• W1489288237 hasConceptScore W1489288237C139876678 @default.
• W1489288237 hasConceptScore W1489288237C144024400 @default.
• W1489288237 hasConceptScore W1489288237C145236788 @default.
• W1489288237 hasConceptScore W1489288237C149782125 @default.
• W1489288237 hasConceptScore W1489288237C149923435 @default.
• W1489288237 hasConceptScore W1489288237C160443848 @default.
• W1489288237 hasConceptScore W1489288237C162324750 @default.
• W1489288237 hasConceptScore W1489288237C204983608 @default.
• W1489288237 hasConceptScore W1489288237C2776943663 @default.
• W1489288237 hasConceptScore W1489288237C2778348673 @default.
• W1489288237 hasConceptScore W1489288237C2908647359 @default.
• W1489288237 hasConceptScore W1489288237C4249254 @default.
• W1489288237 hasConceptScore W1489288237C50522688 @default.
• W1489288237 hasConceptScore W1489288237C83864248 @default.
• W1489288237 hasLocation W14892882371 @default.
• W1489288237 hasOpenAccess W1489288237 @default.
• W1489288237 hasPrimaryLocation W14892882371 @default.
• W1489288237 hasRelatedWork W1479827809 @default.
• W1489288237 hasRelatedWork W1606377008 @default.
• W1489288237 hasRelatedWork W197781555 @default.
• W1489288237 hasRelatedWork W1989864366 @default.
• W1489288237 hasRelatedWork W1992109042 @default.
• W1489288237 hasRelatedWork W2055629054 @default.
• W1489288237 hasRelatedWork W2066823663 @default.
• W1489288237 hasRelatedWork W2070631858 @default.
• W1489288237 hasRelatedWork W2078042761 @default.
• W1489288237 hasRelatedWork W2123124541 @default.
• W1489288237 hasRelatedWork W2146411203 @default.
• W1489288237 hasRelatedWork W2166974667 @default.
• W1489288237 hasRelatedWork W2168605160 @default.
• W1489288237 hasRelatedWork W3121420420 @default.
• W1489288237 hasRelatedWork W3122475285 @default.
• W1489288237 hasRelatedWork W3122705141 @default.
• W1489288237 hasRelatedWork W3122792171 @default.
• W1489288237 hasRelatedWork W3124317057 @default.
• W1489288237 hasRelatedWork W3124380383 @default.
• W1489288237 hasRelatedWork W3125362177 @default.
• W1489288237 isParatext "false" @default.
• W1489288237 isRetracted "false" @default.
• W1489288237 magId "1489288237" @default.
• W1489288237 workType "article" @default.