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Productivity in the OECD countries : a critical appraisal of the evidence /
The failure of the neoclassical growth model to account for differences in output per worker across countries has suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper discusses various measures of productivity and its determina...
|a Productivity in the OECD countries :
|b a critical appraisal of the evidence /
|c prepared by César Calderón.
260
|a Washington, D.C. :
|b International Monetary Fund,
|c 2001
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|a 26 p.
490
0
|a IMF working paper ;
|v no. WP/01/89
504
|a Bibliografía: p. 21-26.
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|a The failure of the neoclassical growth model to account for differences in output per worker across countries has suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper discusses various measures of productivity and its determinants for the OECD countries from different dimensions: (i) the measurement perspective; (ii) evidence on the evolution of productivity levels across OECD countries; and (iii) a critical review of the theoretical and empirical issues regarding the determinants of cross-country productivity differentials.
