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Cited by 296

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Development Accounting

Hsieh, Chang-Tai, Klenow, Peter J.·2010·American Economic Journal: Macroeconomics

Abstract

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)

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Crossref · 10.1257/mac.2.1.207

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Metadata

Authors
Hsieh, C.-T., & Klenow, P. J.
Venue
American Economic Journal: Macroeconomics
Published
2010-01-01
Volume
2
Issue
1
Pages
207-223
ISSN
  • 1945-7707 (ISSN-L)
  • 1945-7715
OpenAlex
W4254500695
Cited by
296
References
1
FWCI
18.49
Type
journal article
Language
en
Open access
closed

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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