Getting Growth Accounting Right
Author
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Joseph Zeira, 1998.
"Workers, Machines, and Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 1091-1117.
- Zeira, Joseph, 1995. "Workers, Machines and Economic Growth," CEPR Discussion Papers 1139, C.E.P.R. Discussion Papers.
- Bentolila Samuel & Saint-Paul Gilles, 2003.
"Explaining Movements in the Labor Share,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 3(1), pages 1-33, October.
- Bentolila, Samuel & Saint-Paul, Gilles, 1998. "Explaining Movements in the Labour Share," CEPR Discussion Papers 1958, C.E.P.R. Discussion Papers.
- Samuel Bentolila & GillesSaint-Paul, 1999. "Explaining Movements in the Labor Share," Working Papers wp1999_9905, CEMFI.
- Bentollia, S. & Saint-Paul, G., 1999. "Explaining Movements in the Labor Share," Papers 9905, Centro de Estudios Monetarios Y Financieros-.
- Samuel Bentolila & Gilles Saint Paul, 1999. "Explaining movements in the labor share," Economics Working Papers 374, Department of Economics and Business, Universitat Pompeu Fabra.
- Zeira, Joseph, 2005.
"Machines as Engines of Growth,"
CEPR Discussion Papers
5429, C.E.P.R. Discussion Papers.
- Joseph Zeira, 2006. "Machines as Engines of Growth," DEGIT Conference Papers c011_059, DEGIT, Dynamics, Economic Growth, and International Trade.
- Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018.
"Endogenous labor share cycles: Theory and evidence,"
Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
- Peter McAdam & Jakub Muck & Jakub Growiec, 2015. "Endogenous Labor Share Cycles: Theory and Evidence," 2015 Meeting Papers 62, Society for Economic Dynamics.
- Jakub Growiec & Peter McAdam & Jakub Muck, 2016. "Endogenous Labor Share Cycles: Theory and Evidence," KAE Working Papers 2016-015, Warsaw School of Economics, Collegium of Economic Analysis.
- McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Endogenous labor share cycles: theory and evidence," Working Paper Series 1765, European Central Bank.
- Benjamin Bental & Dominique Demougin, 2006.
"Incentive Contracts And Total Factor Productivity,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(3), pages 1033-1055, August.
- Benjamin Bental & Dominique Demougin, 2003. "Incentive Contracts and Total Factor Productivity," Cahiers de recherche 0325, CIRPEE.
- Demougin, Dominique M. & Bental, Benjamin, 2004. "Incentive Contracts and Total Factor Productivity," Papers 2004,41, Humboldt University of Berlin, Center for Applied Statistics and Economics (CASE).
- Peretto, Pietro F. & Seater, John J., 2013.
"Factor-eliminating technical change,"
Journal of Monetary Economics, Elsevier, vol. 60(4), pages 459-473.
- John J. Seater & Pietro Peretto, 2007. "Factor-Eliminating Technical Change," 2007 Meeting Papers 272, Society for Economic Dynamics.
- Pietro F. Peretto & John J. Seater, 2010. "Factor-Eliminating Technical Change," Working Papers 10-21, Duke University, Department of Economics.
- JOhn Seater & Pietro Peretto, 2010. "Factor-Eliminating Technical Change," Working Papers 10-67, Duke University, Department of Economics.
- Brent Neiman, 2014.
"The Global Decline of the Labor Share,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(1), pages 61-103.
- Loukas Karabarbounis & Brent Neiman, 2013. "The Global Decline of the Labor Share," NBER Working Papers 19136, National Bureau of Economic Research, Inc.
- George Psacharopoulos & Harry Anthony Patrinos, 2004.
"Returns to investment in education: a further update,"
Education Economics, Taylor & Francis Journals, vol. 12(2), pages 111-134.
- Psacharopoulos, George & Patrinos, Harry Anthony, 2002. "Returns to investment in education : a further update," Policy Research Working Paper Series 2881, The World Bank.
- Oliver J. Blanchard, 1997. "The Medium Run," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 28(2), pages 89-158.
- Hernando Zuleta, 2008.
"An empirical note on factor shares,"
The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 17(3), pages 379-390.
- Hernando Zuleta, 2007. "An empirical note on factor shares," Documentos de Trabajo 4363, Universidad del Rosario.
- Francesco Caselli & James Feyrer, 2007.
"The Marginal Product of Capital,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(2), pages 535-568.
- Caselli, Francesco & Feyrer, James, 2005. "The Marginal Product of Capital," CEPR Discussion Papers 5203, C.E.P.R. Discussion Papers.
- Francesco Caselli & James Feyrer, 2005. "The Marginal Product of Capital," NBER Working Papers 11551, National Bureau of Economic Research, Inc.
- Caselli, Francesco & Feyrer, James, 2006. "The marginal product of capital," LSE Research Online Documents on Economics 3560, London School of Economics and Political Science, LSE Library.
- Francesco Caselli & James Feyrer, 2006. "The Marginal Product of Capital," CEP Discussion Papers dp0735, Centre for Economic Performance, LSE.
- Hernando Zuleta, 2008.
"Factor Saving Innovations and Factor Income Shares,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 836-851, October.
- Hernando Zuleta, 2006. "Factor saving innovations and factor income shares," Documentos de Trabajo 2706, Universidad del Rosario.
- Michael Elsby & Bart Hobijn & Ayseful Sahin, 2013.
"The Decline of the U.S. Labor Share,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(2 (Fall)), pages 1-63.
- Michael Elsby & Bart Hobijn & Ayşegül Şahin, 2013. "The Decline of the U.S. Labor Share," Working Paper Series 2013-27, Federal Reserve Bank of San Francisco.
- Hyeok Jeong & Robert Townsend, 2007.
"Sources of TFP growth: occupational choice and financial deepening,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
- Hyeok Jeong & Robert M. Townsend, 2005. "Sources of TFP Growth: Occupational Choice and Financial Deepening," IEPR Working Papers 05.28, Institute of Economic Policy Research (IEPR), revised May 2005.
- Robert M. Townsend & Hyeok Jeong, 2007. "Sources of TFP Growth: Occupational Choice and Financial Deepening," 2007 Meeting Papers 198, Society for Economic Dynamics.
- Robert E. Hall & Charles I. Jones, 1999.
"Why do Some Countries Produce So Much More Output Per Worker than Others?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
- Robert E. Hall & Charles I. Jones, 1998. "Why Do Some Countries Produce So Much More Output per Worker than Others?"," Working Papers 98007, Stanford University, Department of Economics.
- Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
- Charles R. Hulten, 2009. "Growth Accounting," NBER Working Papers 15341, National Bureau of Economic Research, Inc.
- Sturgill, Brad, 2012. "The relationship between factor shares and economic development," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 1044-1062.
- McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Will the true labor share stand up?," Working Paper Series 1806, European Central Bank.
- Ben S. Bernanke & Kenneth S. Rogoff (ed.), 2002. "NBER Macroeconomics Annual 2001," MIT Press Books, The MIT Press, edition 1, volume 1, number 026252323x, April.
- David N. Weil & Joshua Wilde, 2009. "How Relevant Is Malthus for Economic Development Today?," American Economic Review, American Economic Association, vol. 99(2), pages 255-260, May.
- Daron Acemoglu, 2002.
"Directed Technical Change,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(4), pages 781-809.
- Daron Acemoglu, 2001. "Directed Technical Change," NBER Working Papers 8287, National Bureau of Economic Research, Inc.
- Young, Andrew T., 2010. "One of the things we know that ain't so: Is US labor's share relatively stable?," Journal of Macroeconomics, Elsevier, vol. 32(1), pages 90-102, March.
- Jeffrey D. Sachs & Laurence J. Kotlikoff, 2012. "Smart Machines and Long-Term Misery," NBER Working Papers 18629, National Bureau of Economic Research, Inc.
- Ben S. Bernanke & Refet S. Gürkaynak, 2002.
"Is Growth Exogenous? Taking Mankiw, Romer, and Weil Seriously,"
NBER Chapters, in: NBER Macroeconomics Annual 2001, Volume 16, pages 11-72,
National Bureau of Economic Research, Inc.
- Ben S. Bernanke & Refet S. Gurkaynak, 2001. "Is Growth Exogenous? Taking Mankiw, Romer and Weil Seriously," NBER Working Papers 8365, National Bureau of Economic Research, Inc.
- Nicola GIAMMARIOLI & Julian MESSINA & Thomas STEINBERGER & Chiara STROZZI, 2002. "European Labor Share Dynamics: An Institutional Perspective," Economics Working Papers ECO2002/13, European University Institute.
- repec:oup:qjecon:v:129:y:2013:i:1:p:61-103 is not listed on IDEAS
- F. A. Lutz, 1961. "The Theory of Capital," International Economic Association Series, Palgrave Macmillan, number 978-1-349-08452-4 edited by D. C. Hague, December.
- Alwyn Young, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 641-680.
- Bart van Ark & Mary O'Mahoney & Marcel P. Timmer, 2008. "The Productivity Gap between Europe and the United States: Trends and Causes," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 25-44, Winter.
- Zuleta, Hernando, 2012. "Variable factor shares, measurement and growth accounting," Economics Letters, Elsevier, vol. 114(1), pages 91-93.
- Zuleta, Hernando & Young, Andrew T., 2013. "Labor shares in a model of induced innovation," Structural Change and Economic Dynamics, Elsevier, vol. 24(C), pages 112-122.
- Nicholas Kaldor, 1961. "Capital Accumulation and Economic Growth," International Economic Association Series, in: D. C. Hague (ed.), The Theory of Capital, chapter 0, pages 177-222, Palgrave Macmillan.
Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- ¿Cómo se produce y cómo se distribuye el ingreso? Por Hernando Zuleta
by Hernando Zuleta in Foco Económico on 2015-10-21 02:00:10
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Andrés O. Dávila & Manuel Fernández & Hernando Zuleta, 2021.
"The Natural Resource Boom and The Uneven Fall of The Labor Share,"
Documentos CEDE
19427, Universidad de los Andes, Facultad de Economía, CEDE.
- Dávila, Andrés O. & Fernandez Sierra, Manuel & Zuleta, Hernando, 2021. "The Natural Resource Boom and the Uneven Fall of the Labor Share," IZA Discussion Papers 14592, Institute of Labor Economics (IZA).
- Tiago Sequeira & Hugo Morão, 2020.
"Growth accounting and regressions: New approach and results,"
International Economics, CEPII research center, issue 162, pages 67-79.
- Sequeira, Tiago & Morão, Hugo, 2020. "Growth accounting and regressions: New approach and results," International Economics, Elsevier, vol. 162(C), pages 67-79.
- Tiago Sequeira & Hugo Morão, 2020. "Growth Accounting and Regressions:new approach and results," Working Papers REM 2020/0113, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
- Yinhao Wu & Enru Wang & Changhong Miao, 2019. "Fertilizer Use in China: The Role of Agricultural Support Policies," Sustainability, MDPI, vol. 11(16), pages 1-23, August.
- Feder, Christophe, 2018. "The effects of disruptive innovations on productivity," Technological Forecasting and Social Change, Elsevier, vol. 126(C), pages 186-193.
- Villar Otálora, Juan Camilo, 2021. "Una revisión sobre los métodos convencionales de la contabilidad del crecimiento: La tiranía de la identidad [A review of the conventional methods of growth accounting: The tyranny of identity]," MPRA Paper 106683, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Dawson, John W. & Sturgill, Brad, 2022. "Market Institutions and Factor Shares Across Countries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 266-289.
- Andrés O. Dávila & Manuel Fernández & Hernando Zuleta, 2021.
"The Natural Resource Boom and The Uneven Fall of The Labor Share,"
Documentos CEDE
19427, Universidad de los Andes, Facultad de Economía, CEDE.
- Dávila, Andrés O. & Fernandez Sierra, Manuel & Zuleta, Hernando, 2021. "The Natural Resource Boom and the Uneven Fall of the Labor Share," IZA Discussion Papers 14592, Institute of Labor Economics (IZA).
- Guimarães, Luís & Mazeda Gil, Pedro, 2022.
"Explaining the Labor Share: Automation Vs Labor Market Institutions,"
Labour Economics, Elsevier, vol. 75(C).
- LuÃs Guimarães & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," CEF.UP Working Papers 1901, Universidade do Porto, Faculdade de Economia do Porto.
- Luis Guimaraes & Pedro Mazeda Gil, 2019. "Explaining the labor share: automation vs labor market institutions," Economics Working Papers 19-01, Queen's Management School, Queen's University Belfast.
- Guimarães, Luis & Gil, Pedro, 2019. "Explaining the labor share: automation vs labor market institutions," MPRA Paper 92062, University Library of Munich, Germany.
- Sturgill, Brad, 2012. "The relationship between factor shares and economic development," Journal of Macroeconomics, Elsevier, vol. 34(4), pages 1044-1062.
- Zuleta, Hernando, 2012. "Variable factor shares, measurement and growth accounting," Economics Letters, Elsevier, vol. 114(1), pages 91-93.
- Growiec, Jakub & McAdam, Peter & Mućk, Jakub, 2018.
"Endogenous labor share cycles: Theory and evidence,"
Journal of Economic Dynamics and Control, Elsevier, vol. 87(C), pages 74-93.
- Peter McAdam & Jakub Muck & Jakub Growiec, 2015. "Endogenous Labor Share Cycles: Theory and Evidence," 2015 Meeting Papers 62, Society for Economic Dynamics.
- Jakub Growiec & Peter McAdam & Jakub Muck, 2016. "Endogenous Labor Share Cycles: Theory and Evidence," KAE Working Papers 2016-015, Warsaw School of Economics, Collegium of Economic Analysis.
- McAdam, Peter & Muck, Jakub & Growiec, Jakub, 2015. "Endogenous labor share cycles: theory and evidence," Working Paper Series 1765, European Central Bank.
- Sturgill, Brad, 2014. "Back to the basics: Revisiting the development accounting methodology," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 52-68.
- Brad Sturgill & Hernando Zuleta, 2016. "Variable Factor Shares and the Index Number Problem: A Generalization," Documentos CEDE 15038, Universidad de los Andes, Facultad de Economía, CEDE.
- Peretto, Pietro F. & Seater, John J., 2013.
"Factor-eliminating technical change,"
Journal of Monetary Economics, Elsevier, vol. 60(4), pages 459-473.
- John J. Seater & Pietro Peretto, 2007. "Factor-Eliminating Technical Change," 2007 Meeting Papers 272, Society for Economic Dynamics.
- JOhn Seater & Pietro Peretto, 2010. "Factor-Eliminating Technical Change," Working Papers 10-67, Duke University, Department of Economics.
- Pietro F. Peretto & John J. Seater, 2010. "Factor-Eliminating Technical Change," Working Papers 10-21, Duke University, Department of Economics.
- Jones, C.I., 2016.
"The Facts of Economic Growth,"
Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 3-69,
Elsevier.
- Charles I. Jones, 2015. "The Facts of Economic Growth," NBER Working Papers 21142, National Bureau of Economic Research, Inc.
- Perera-Tallo, Fernando, 2017. "Growing income inequality due to biased technological change," Journal of Macroeconomics, Elsevier, vol. 52(C), pages 23-38.
- Brad Sturgill, 2009.
"Cross-country Variation in Factor Shares and its Implications for Development Accounting,"
Working Papers
09-07, Department of Economics, Appalachian State University.
- Brad Sturgill, 2010. "Cross-country Variation in Factor Shares and its Implications for Development Accounting," DEGIT Conference Papers c015_014, DEGIT, Dynamics, Economic Growth, and International Trade.
- Brad Sturgill, 2010. "Cross-country Variation in Factor Shares and its Implications for Development Accounting," 2010 Meeting Papers 152, Society for Economic Dynamics.
- Zuleta, Hernando, 2009. "If factor shares are not constant then we have a measurment problem. can we solve it?," Documentos de Trabajo 5744, Universidad del Rosario.
- Hernando Zuleta & Andrew T. Young, 2007. "Labor's shares - aggregate and industry: accounting for both in a model of unbalanced growth with induced innovation," Documentos de Trabajo 3105, Universidad del Rosario.
- Capolupo, Rosa, 2009.
"The New Growth Theories and Their Empirics after Twenty Years,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-72.
- Capolupo, Rosa, 2008. "The New Growth Theories and Their Empirics after Twenty Years," Economics Discussion Papers 2008-27, Kiel Institute for the World Economy (IfW Kiel).
- Hernando Zuleta & Andrés Zambrano, 2018. "Neutral or factor saving innovations?," Documentos CEDE 17134, Universidad de los Andes, Facultad de Economía, CEDE.
- Hernando Zuleta, 2015.
"Factor shares, inequality, and capital flows,"
Southern Economic Journal, John Wiley & Sons, vol. 82(2), pages 647-667, October.
- Hernando Zuleta, 2015. "Factor Shares, Inequality and Capital Flows," Documentos CEDE 13132, Universidad de los Andes, Facultad de Economía, CEDE.
- Robert Z. Lawrence, 2015.
"Recent Declines in Labor's Share in US Income: A Preliminary Neoclassical Account,"
Working Paper Series
WP15-10, Peterson Institute for International Economics.
- Robert Z. Lawrence, 2015. "Recent Declines in Labor's Share in US Income: A Preliminary Neoclassical Account," NBER Working Papers 21296, National Bureau of Economic Research, Inc.
- Lawrence Robert Z., 2015. "Recent Declines in Labor's Share in U.S. Income: A Preliminary Neoclassical Account," Working Paper Series rwp15-034, Harvard University, John F. Kennedy School of Government.
- Brad Sturgill & Hernando Zuleta, 2017. "Variable factor shares and the index number problem: a generalization. Abstract Factor shares vary over time and across countries, so incorporating variable factor shares into growth and development a," Economics Bulletin, AccessEcon, vol. 37(1), pages 30-37.
- Hernando Zuleta, 2011. "Factor Shares, Income Distribution and Capital Flows," DEGIT Conference Papers c016_003, DEGIT, Dynamics, Economic Growth, and International Trade.
More about this item
Keywords
Factor Shares; Production Function; Measurement; Growth Accounting; Productivity;All these keywords.
JEL classification:
- O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
- O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
- O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000089:013814. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Universidad De Los Andes-Cede (email available below). General contact details of provider: https://edirc.repec.org/data/ceandco.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.