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Productivity in the OECD Countries: A Critical Appraisal of the Evidence

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  • Mr. César Calderón

Abstract

The failure of the neoclassical growth model to account for differences in output per worker across countries has suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper discusses various measures of productivity and its determinants for the OECD countries from different dimensions: (i) the measurement perspective; (ii) evidence on the evolution of productivity levels across OECD countries; and (iii) a critical review of the theoretical and empirical issues regarding the determinants of cross-country productivity differentials.

Suggested Citation

  • Mr. César Calderón, 2001. "Productivity in the OECD Countries: A Critical Appraisal of the Evidence," IMF Working Papers 2001/089, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2001/089
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