Economic Growth in the OECD Area: Recent Trends at the Aggregate and Sectoral Level
This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical cap...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2000
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Schriftenreihe: | OECD Economics Department Working Papers
no.248 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical capital. The paper suggests wide (and growing) disparities in GDP per capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by different employment growth rates across countries. In the most recent years, a rise in MFP growth in ICT-related industries has boosted aggregate growth in some countries (e.g. the United States) ... |
Beschreibung: | 1 Online-Ressource (130 p.) 21 x 29.7cm. |
DOI: | 10.1787/843888182178 |
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author | Scarpetta, Stefano |
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spelling | Scarpetta, Stefano VerfasserIn aut Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level Stefano, Scarpetta ... [et al] Paris OECD Publishing 2000 1 Online-Ressource (130 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.248 This paper discusses growth performance in the OECD countries over the past two decades. Special attention is given to developments in labour productivity, allowing for human capital accumulation, and multifactor productivity (MFP), allowing for changes in the composition and quality of physical capital. The paper suggests wide (and growing) disparities in GDP per capita growth, while differences in labour productivity have remained broadly stable. These patterns are explained by different employment growth rates across countries. In the most recent years, a rise in MFP growth in ICT-related industries has boosted aggregate growth in some countries (e.g. the United States) ... Economics Bassanini, Andrea MitwirkendeR ctb Pilat, Dirk MitwirkendeR ctb Schreyer, Paul MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/843888182178 Volltext |
spellingShingle | Scarpetta, Stefano Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level Economics |
title | Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level |
title_auth | Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level |
title_exact_search | Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level |
title_full | Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level Stefano, Scarpetta ... [et al] |
title_fullStr | Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level Stefano, Scarpetta ... [et al] |
title_full_unstemmed | Economic Growth in the OECD Area Recent Trends at the Aggregate and Sectoral Level Stefano, Scarpetta ... [et al] |
title_short | Economic Growth in the OECD Area |
title_sort | economic growth in the oecd area recent trends at the aggregate and sectoral level |
title_sub | Recent Trends at the Aggregate and Sectoral Level |
topic | Economics |
topic_facet | Economics |
url | https://doi.org/10.1787/843888182178 |
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