Productivity and per capita GDP growth: The role of the forgotten factors

Economic Modelling

Volumn 28, Issue 3, 2011, Pages 1219-1225

  Marattin, Luigi ^a   Salotti, Simone ^b  

^a UNIVERSITY OF BOLOGNA   (Italy)

^b NATIONAL UNIVERSITY OF IRELAND   (Ireland)

Author keywords

Demographics; Growth accounting; Panel cointegration; Productivity

Indexed keywords

EID: 79953031421     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econmod.2011.01.004     Document Type: Article

References (21)

1. Baillie R.T., Selover D.D. Cointegration and models of exchange rate determination. International Journal of Forecasting 1987, 3:43-51.
2. Baumol W.J. Productivity growth, convergence and welfare: what the long-run data show. American Economic Review 1986, 76(5):1072-1085.
3. Blanchard O. The economic future of Europe. Journal of Economic Perspectives 2004, 18(Number 4):3-26.
4. Corbae D., Ouliaris S. Cointegration and tests of purchasing power parity. Review of Economics and Statistics 1988, 70:508-511.
5. Davidson J.E.H., Hendry D.F., Srba F., Yeo S. Econometric modelling of the aggregate time-series relationship between consumer's expenditure and income in the United Kingdom. Economic Journal 1978, 88:661-692.
6. Gutierrez L. On the power of panel cointegration tests: a Monte Carlo comparison. Economic Letters 2003, 80(1):105-111.
7. Hadri K. Testing for stationarity in heterogeneus panel data. Econometrics Journal 2000, 3(2):148-161.
8. Hayashi F., Prescott E.C. The 1990s in Japan: a lost decade. ESRI Studies Series on Ageing 2004.
9. Hsieh C. What explains the industrial revolution in east Asia? Evidence from factor markets. American Economic Review 2002, XCII:502-526.
10. Im K.S., Pesaran M.H., Shin Y. Testing for unit roots in heterogeneus panels. Journal of Econometrics 2003, 115:53-74.
11. Islam N. What have we learnt from the convergence debate?. Journal of Economic Surveys 2003, 17(3):309-354.
12. Jorgenson D.W., Stiroh K. Raising the speed limit: U.S. economic growth in the information age. Brookings Papers on Economic Activity 2000, 1:125-211.
13. Kremers J. U.S. federal indebtedness and the conduct of fiscal policy. Journal of Monetary Economics 1989, 23:219-238.
14. Levin A., Lin C.F., Chu J.C.S. Unit root tests in panel data: asymptotic and finite-sample properties. Journal of Econometrics 2002, 108(1):1-24.
15. Oliner S.D., Sichel D.E. The resurgence of growth in the late 1990s: is information technology the story. Journal of Economic Perspectives 2000, 14(4):3-22.
16. Piacentini P., Sulis G. "Crescita Virtuosa e Crescita Neodualistica nell'Ambito Regionale: Tendenze Recenti per le Aree Europee in Ritardo di Sviluppo," Rivista Economica del Mezzogiorno, 1, Marzo 2000.
17. Pedroni P. Critical values for cointegration tests in heterogeneous panels with multiple regressors. Oxford Bulletin of Economics and Statistics 1999, 61:653-670.
18. Solow R. A contribution to the theory of economic growth. Quarterly Journal of Economics 1956, 70:65-94.
19. Temple J. The new growth evidence. Journal of Economic Literature 1999, 37(1):112-156.
20. Whelan K. Computers, obsolescence, and productivity. Federal Reserve Board, Finance and Economics Discussion Series Paper 2000-6 (February) 2000.
21. Young A. The tyranny of numbers: confronting the statistical reality of the east Asia growth experience. Quarterly Journal of Economics 1995, 110:641-680.