Measuring Total Factor Productivity: Growth Accounting for Bulgaria

2005 ◽  
Author(s):  
Kaloyan Ivanov Ganev
Keyword(s):  
Total Factor Productivity ◽  
Productivity Growth ◽  
Total Factor Productivity Growth ◽  
Growth Accounting ◽  
Factor Productivity

Total Factor Productivity Growth and the Role of Externalities

1997 ◽  
Vol 162 ◽  
pp. 99-111 ◽  
Author(s):  
Nicholas Oulton
Keyword(s):  
Economic Growth ◽  
Total Factor Productivity ◽  
Productivity Growth ◽  
Physical Capital ◽  
Total Factor Productivity Growth ◽  
Growth Accounting ◽  
Factor Productivity ◽  
New Evidence

This paper argues that the greater part of economic growth can be accounted for by the accumulation of human and physical capital. The role of externalities is relatively small. This view is defended by reviewing the most sophisticated growth accounting studies and also by presenting some new evidence on the growth of total factor productivity in 53 countries over the period 1965 to 1990.

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