Economic Growth: A Channel Decomposition Exercise
AbstractThis paper empirically decomposes the channels through which the determinants of growth operate. Methodologically, channel decomposition combines growth accounting with regression analysis. Under channel decomposition, the determinants could affect aggregate productivity growth through physical capital accumulation, through human capital acquisition, or through growth in total factor productivity (TFP). The results from channel decomposition show that TFP growth is the main channel of operation for most of the determinants. Specifically, TFP growth, not factor accumulation, is what accounts for conditional convergence. This finding is extremely robust. There is also no evidence that rich and poor countries converge through different channels.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by De Gruyter in its journal The B.E. Journal of Macroeconomics.
Volume (Year): 7 (2007)
Issue (Month): 1 (January)
Contact details of provider:
Web page: http://www.degruyter.com
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Silvia Dal Bianco, 2009. "A Reassessment of Italian Regional Convergence through a Non-Parametric Approach," Quaderni di Dipartimento 099, University of Pavia, Department of Economics and Quantitative Methods.
- Scoppa, Vincenzo, 2009.
"Technological Catch-up or Neoclassical Convergence? Identifying the Channels of Convergence for Italian Regions,"
13051, University Library of Munich, Germany.
- Vincenzo Scoppa, 2013. "Technological catch-up or neoclassical convergence? Identifying the channels of convergence for Italian regions," Economics and Business Letters, Oviedo University Press, vol. 2(4).
- Vincenzo Scoppa, 2009. "Technological Catch-Up Or Neoclassical Convergence? Identifying The Channels Of Convergence For Italian Regions," Working Papers 200904, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
- Frensch, Richard & Gaucaite Wittich, Vitalija, 2009.
"Product variety and technical change,"
Journal of Development Economics,
Elsevier, vol. 88(2), pages 242-257, March.
- Steven N. Durlauf & Andros Kourtellos & Chih Ming Tan, 2007.
"Are any Growth Theories Robust?,"
University of Cyprus Working Papers in Economics
2-2007, University of Cyprus Department of Economics.
- Steven N. Durlauf & Andros KOURTELLOS & Chih Ming Tan, 2007. "Are Any Growth Theories Robust?," Discussion Papers Series, Department of Economics, Tufts University 0703, Department of Economics, Tufts University.
- Vollrath, Dietrich, 2008.
"Wealth Distribution and the Provision of Public Goods: Evidence from the United States,"
11534, University Library of Munich, Germany.
- Dietz Vollrath, 2008. "Wealth Distribution and the Provision of Public Goods: Evidence from the United States," Working Papers 2008-04, Department of Economics, University of Houston.
- Roberto ESPOSTI, 2008.
"Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions,"
319, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Esposti, Roberto, 2008. "Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43955, European Association of Agricultural Economists.
- Wong, Wei-Kang, 2004. "How good are trade and telephone call traffic in bridging income gaps and TFP gaps?," Journal of International Economics, Elsevier, vol. 64(2), pages 441-463, December.
- Hartwig, Jochen, 2012.
"Testing the growth effects of structural change,"
Structural Change and Economic Dynamics,
Elsevier, vol. 23(1), pages 11-24.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.