Changes in the Effect of Capital and TFP on Output in Penn World Tables 7 and 8: Improvement or Error?

2015-01-232015-01-19http://hdl.handle.net/10784/4650Lower 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.engChanges in the Effect of Capital and TFP on Output in Penn World Tables 7 and 8: Improvement or Error?workingPaperinfo:eu-repo/semantics/openAccessPenn World TableInvestment ratesEconomic growthAcceso abierto2015-01-23O4Breton, Theodore R.