The anatomy of growth in the OECD since 1870

Volume: 57, Issue: 6, Pages: 753 - 767
Published: Sep 1, 2010
Abstract
null null Conventional growth accounting exercises are extended in this paper to allow for endogeneity of capital, demographic transitions, age dependency, and employment rates, among other factors. Using data for the OECD countries in the period 1870–2006 it is shown that growth has been predominantly driven by demographics and TFP growth. TFP has, in turn, been driven by R&D, knowledge spillovers through the channel of imports, educational...
Paper Details
Title
The anatomy of growth in the OECD since 1870
Published Date
Sep 1, 2010
Volume
57
Issue
6
Pages
753 - 767
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