World Total Factor Productivity Growth and the Steady-State Rate in the 20th Century

dc.contributor.author	Breton, Theodore R.
dc.coverage.spatial	Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees	eng
dc.creator.email	ted.breton@gmail.com	spa
dc.date.accessioned	2014-06-13T21:23:10Z
dc.date.available	2014-06-13T21:23:10Z
dc.date.issued	2013-03-02
dc.description.abstract	I estimate a Solow model augmented with human capital in 42 countries for 1910-2000. Estimated TFP growth is 0.3%/year, and the steady-state rate for GDP/capita is 1.0%/year. Implicitly for high-income countries maintaining growth above this rate will be increasingly difficult.	eng
dc.identifier.jel	O41
dc.identifier.jel	O47
dc.identifier.uri	http://hdl.handle.net/10784/2596
dc.language.iso	spa	eng
dc.publisher	Universidad EAFIT	spa
dc.publisher.department	Escuela de Economía y Finanzas	spa
dc.rights.accessrights	info:eu-repo/semantics/openAccess	eng
dc.rights.local	Acceso abierto	spa
dc.subject.keyword	Economic Growth	eng
dc.subject.keyword	Solow Model	eng
dc.subject.keyword	Steady State	eng
dc.subject.keyword	TFP Growth	eng
dc.subject.keyword	Convergence	eng
dc.title	World Total Factor Productivity Growth and the Steady-State Rate in the 20th Century	eng
dc.type	workingPaper	eng
dc.type	info:eu-repo/semantics/workingPaper	eng
dc.type.hasVersion	draft	eng
dc.type.local	Documento de trabajo de investigación	spa

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