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Changes in the Effect of Capital and TFP on Output in Penn World Tables 7 and 8: Improvement or Error?
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Blogs Publicados
General
Resumen
- Lower ICP 2005 construction prices in developing countries increase the effect of capital on output in PWT 7.1 and 8.0 and cause negative world TFP growth during 1990-2010 in PWT 8.0. The investment data appear to be more accurate in PWT 6.3.
autores
fecha de publicación
- 2015-01
Área temática
Investigaciones
Líneas de investigación
- Economic Growth
- Investment Rates
- Penn World Table
Información Adicional
Issue
- 12454