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- W1580735748 abstract "Using cross-country data, we review the empirical evidence concerning long-term labor and total factor productivity growth. We find that the conclusions one can draw from cross-country data are surprisingly modest. Nevertheless, we confirm the crucial role for physical capital accumulation in enhancing labor productivity growth and develop a role for human capital in an endogenous growth framework. We also find that the performances of so-called ancillary variables are rather insignificant in the presence of proxies for physical and human capital stocks." @default.
- W1580735748 created "2016-06-24" @default.
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- W1580735748 date "1994-01-01" @default.
- W1580735748 modified "2023-09-27" @default.
- W1580735748 title "Determinants of long-run labor productivity growth: a selective survey with some new empirical results" @default.
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