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Determinants of long-run labor productivity growth: a selective survey with some new empirical results

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  • Mark M. Spiegel

Abstract

Using cross-country data, we review the empirical evidence concerning long-term labor and total factor productivity growth. We find that the conclusions one can draw from cross-country data are surprisingly modest. Nevertheless, we confirm the crucial role for physical capital accumulation in enhancing labor productivity growth and develop a role for human capital in an endogenous growth framework. We also find that the performances of so-called "ancillary variables" are rather insignificant in the presence of proxies for physical and human capital stocks.

Suggested Citation

  • Mark M. Spiegel, 1994. "Determinants of long-run labor productivity growth: a selective survey with some new empirical results," Working Papers in Applied Economic Theory 94-17, Federal Reserve Bank of San Francisco.
  • Handle: RePEc:fip:fedfap:94-17
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    Cited by:

    1. Arusha Cooray & Antonio Paradiso, 2012. "The level and growth effects in empirical growth models for the Nordic countries: A knowledge economy approach," CAMA Working Papers 2012-36, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    2. Nicholas Apergis & Claire Economidou & Ioannis Filippidis, 2008. "Innovation, Technology Transfer and Labor Productivity Linkages: Evidence from a Panel of Manufacturing Industries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 144(3), pages 491-508, October.
    3. B.P. Zaaruka & J.W. Fedderke, 2011. "Indicators of Political and Economic Institutions in Tanzania: 1884 - 2008," Working Papers 231, Economic Research Southern Africa.
    4. Pritchett, Lant, 1996. "Where has all the education gone?," Policy Research Working Paper Series 1581, The World Bank.
    5. repec:kap:ecopln:v:51:y:2018:i:2:d:10.1007_s10644-016-9197-7 is not listed on IDEAS

    More about this item

    Keywords

    Labor productivity ; Human capital;

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