Replication data for: Development Accounting

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Project Citation:

Hsieh, Chang-Tai, and Klenow, Peter J. Replication data for: Development Accounting. Nashville, TN: American Economic Association [publisher], 2010. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114165V1

Project Description

Summary: Researchers have made much progress in the past 25 years in accounting for the proximate determinants of income levels: physical capital, human capital, and Total Factor Productivity (TFP). But we still know little about why these factors vary. We argue that TFP exerts a powerful influence on output not only directly, but also indirectly, through its effect on physical and human capital accumulation. We discuss why TFP varies across countries, highlighting misallocation of inputs across firms and industries as a key determinant. (JEL E22, E23, F21, F35, O10, O40)

Scope of Project

JEL Classification:
      E22 Investment; Capital; Intangible Capital; Capacity
      E23 Macroeconomics: Production
      F21 International Investment; Long-term Capital Movements
      F35 Foreign Aid
      O10 Economic Development: General
      O40 Economic Growth and Aggregate Productivity: General

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Published Versions

V1 [2019-10-12]

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