期刊名称:DIW Diskussionspapiere / Deutsches Institut für Wirtschaftsforschung, Berlin
出版年度:2007
卷号:2007
出版社:Deutsches Institut für Wirtschaftsforschung, Berlin
摘要:In this paper we used the procedures developed in the Kumar and Russell (2002)
growth-accounting study to examine cross-country growth during the 1990's. Using
a data set comprising developed, newly industrialized, developing and
transitional economies, we decomposed the growth of output per worker into
components attributable to technological catch-up, technological change and
capital accumulation. In contrast to the study by Kumar and Russell (2002),
which concluded that capital deepening was the major force of growth and change
in the world income per worker distribution over the 1965-1990 period, our
analysis showed that, during the 1990's, the major force in the further
divergence of the rich and the poor was due to technological change, whereas
capital accumulation played a lesser and opposite role. In further contrast, we
found that efficiency changes (insignificantly) led (on average) to regress
rather than progress. Finally, although on average we found that transitional
economies performed similar to the rest of the world, the procedure was able to
discover some interesting patterns within the set of transitional countries.