Productivity in the OECD Countries: A Critical Appraisal of the Evidence

Author/Editor:

César Calderón

Publication Date:

June 1, 2001

Electronic Access:

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Summary:

The failure of the neoclassical growth model to account for differences in output per worker across countries has suggested that these differences should be driven by cross-country differences in total factor productivity (TFP). This paper discusses various measures of productivity and its determinants for the OECD countries from different dimensions: (i) the measurement perspective; (ii) evidence on the evolution of productivity levels across OECD countries; and (iii) a critical review of the theoretical and empirical issues regarding the determinants of cross-country productivity differentials.

Series:

Working Paper No. 2001/089

Subject:

Human capital Labor Labor productivity Production Productivity Total factor productivity

English

Publication Date:

June 1, 2001

ISBN/ISSN:

9781451851281/1018-5941

Stock No:

WPIEA0892001

Pages:

27

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