Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w9240 |
来源ID | Working Paper 9240 |
Decomposing the Twin-peaks in the World Distribution of Output-per-worker | |
Paul Beaudry; Fabrice Collard; David A. Green | |
发表日期 | 2002-09-25 |
出版年 | 2002 |
语种 | 英语 |
摘要 | This papers examines changes in the distribution of per-worker-output across countries over the period 1960-98, with a particular focus on identifying the forces behind the hollowing out of the middle of the distribution and the associated emergence of a twin-peaks phenomenon. The main finding of the paper is that most of the change in shape of the world distribution of income between 1960-1998 can be accounted for by changes in the parameters driving the growth process. In particular, we show that role of physical capital investment and population growth in affecting output growth has increased substantially over the period and that this increase can account for all the hollowing-out of the distribution. In contrast, we do not find that changes in the distribution of variables played much of a role, nor do we find any significant effects coming through non-linear convergence mechanisms or increased importance of education. Our results suggest that research aimed at understanding changes in the world distribution of income should focus on explaining why the social returns to physical capital accumulation where so high over the period 1978-98. The paper ends by discussing elements that help understand this phenomena. |
主题 | Development and Growth ; Innovation and R& ; D ; Growth and Productivity |
URL | https://www.nber.org/papers/w9240 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566853 |
推荐引用方式 GB/T 7714 | Paul Beaudry,Fabrice Collard,David A. Green. Decomposing the Twin-peaks in the World Distribution of Output-per-worker. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w9240.pdf(595KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。