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Total Factor Productivity equation and development accounting: New evidence

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Author Info
KOCH, Wilfried () (LEG - CNRS UMR 5118 - Université de Bourgogne)

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Abstract

The aim of this paper is reconciliating spatial autocorrelation often observed in the world distribution of wealth and its effects on development gap. Neglecting spatial autocorrelation potentially biased our vision on the role of physical capital in development process. We therefore show that the total contribution of physical capital account almost 90% of differences between developing countries and the most richest countries.

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File URL: http://www.u-bourgogne.fr/leg/documents-de-travail/e2006-04.pdf
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Paper provided by LEG, Laboratoire d'Economie et de Gestion, CNRS UMR 5118, Université de Bourgogne in its series LEG - Document de travail - Economie with number 2006-04.

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Length: 32 pages
Date of creation: Apr 2006
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Handle: RePEc:lat:legeco:2006-04

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Related research
Keywords: Development accounting ; Total Factor Productivity ; Spatial Autocorrelation ; Technological interdependence.;

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Find related papers by JEL classification:
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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References listed on IDEAS
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Xueli Tang & Debasis Bandyopadhyay, 2008. "Redistributive Policies and TFP Differences Across Countries," Economics Series 2008_22, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
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