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International Comparisons of Levels of Capital Input and Multi-Factor Productivity
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Paul Schreyer
Veröffentlicht/Copyright:
30. November 2019
Abstract
The paper uses a method by Christensen et al. to construct crosscountry comparisons of the levels of capital input, capital and labour productivity and multi-factor productivity. These results are used to decompose international differences in gross domestic product per capita into differences in labour utilization, information and communication technology (ICT) and non-ICT capital intensity and multi-factor productivity for seven Organisation for Economic Co-operation and Development countries. We provide Monte Carlo estimates to examine the effects of measurement errors in the base data, and these simulations showed that boundaries for the resulting indicators can be important.
Keywords: Measurement of economic growth; aggregate productivity; crosscountry output convergence capital; investment; capacity
Published Online: 2019-11-30
Published in Print: 2007-05-01
© 2019 by Walter de Gruyter Berlin/Boston
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Artikel in diesem Heft
- Special Issue on Productivity Growth
- Information Technology and the World Growth Resurgence
- Information and Communications Technology as a General-Purpose Technology: Evidence from US Industry Data
- Of Yeast and Mushrooms: Patterns of Industry-Level Productivity Growth
- Sectoral Productivity in the United States: Recent Developments and the Role of IT
- Sources of the German Productivity Demise: Tracing the Effects of Industry-Level Information and Communication Technology Investment
- International Comparisons of Levels of Capital Input and Multi-Factor Productivity
- Information Technology and Productivity Growth in the 2000s
- Mind the Gap! International Comparisons of Productivity in Services and Goods Production
Schlagwörter für diesen Artikel
Measurement of economic growth;
aggregate productivity;
crosscountry output convergence capital;
investment;
capacity
Artikel in diesem Heft
- Special Issue on Productivity Growth
- Information Technology and the World Growth Resurgence
- Information and Communications Technology as a General-Purpose Technology: Evidence from US Industry Data
- Of Yeast and Mushrooms: Patterns of Industry-Level Productivity Growth
- Sectoral Productivity in the United States: Recent Developments and the Role of IT
- Sources of the German Productivity Demise: Tracing the Effects of Industry-Level Information and Communication Technology Investment
- International Comparisons of Levels of Capital Input and Multi-Factor Productivity
- Information Technology and Productivity Growth in the 2000s
- Mind the Gap! International Comparisons of Productivity in Services and Goods Production
