Title Determinants of Productivity: Cross-Country Analysis and Country Case Studies
Abstract This paper compares the results of TFP determinants through two modes of analysis: cross-country analysis of large sets of countries and country case studies. Both modes of analysis strongly agree on the most important TFP determinants, although they attach dissimilar weights to different variables. Agreement was obtained with respect to determinants such as human and physical capital, infrastructure, financial development, technology transfer through trade and absorptive capacity regarding knowledge creation, privatization and trade liberalization to achieve increased competition and economic institutions. Diverging views were evident in the case of structural change, health and geography. The paper concludes that a combination of both modes of analysis offers the most valuable tool for policy makers as well as for researchers.
Date 2006
Language(s) English
Pages 22 pages
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