000 01499nab a2200241 c 4500
999 _c150374
_d150374
003 ES-MaIEF
005 20250303080600.0
007 ta
008 250303t2024 xxu||||| |||| 00| 0eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _972370
_aEsfahani, Mehrdad
245 1 0 _aWorld productivity
_b1996–2014
_c by Mehrdad Esfahani, John G. Fernald, and Bart Hobijn
504 _aBibliografía
520 _aWe use a new growth accounting method to quantify the drivers of world total factor productivity (TFP) growth during 1996–2014 and uncover four main results. World productivity growth is volatile from year to year. This mainly reflects reallocation of labor across country-industries. The contribution of country-industry level productivity growth to world productivity is relatively constant over time. This constancy masks that the increased importance of emerging economies offsets a productivity slowdown in advanced economies. After 2008, this offsetting effect dissipated and world TFP growth declined. These conclusions are robust to the inclusion of markups in the analysis.
650 4 _947661
_aMACROECONOMIA
650 4 _947936
_aPAISES EN DESARROLLO
650 4 _934579
_aCICLOS ECONOMICOS
650 4 _949904
_aINNOVACIÓN
700 _915287
_aFernald, John G.
700 1 _972371
_aHobijn, Bart
_d1970-
773 0 _9172338
_oOP 2137/2024/3
_tAmerican Economic Journal : Macroeconomics
_w(IEF)64915
_x 1945-7707
_g v. 16, n. 3, July 2024, p. 160-189.
942 _cART