Investment-Specific Technical Change and Growth around the World
Investment-specific technical change (ISTC) contributes little to growth in most countries. This is because in many countries the investment process does not become notably more efficient over time. Still, cross-country differences in the contribution of ISTC to growth are significant. Differences i...
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sg-smu-ink.soe_research-28482019-04-22T14:01:01Z Investment-Specific Technical Change and Growth around the World SAMANIEGO, Roberto M. SUN, Juliana Yu Investment-specific technical change (ISTC) contributes little to growth in most countries. This is because in many countries the investment process does not become notably more efficient over time. Still, cross-country differences in the contribution of ISTC to growth are significant. Differences in the rate of ISTC appear due to cross-country variation in the use of R&D intensive capital goods, as well as trade costs. 2016-04-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/1849 https://ink.library.smu.edu.sg/context/soe_research/article/2848/viewcontent/07_2016.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Price of capital investment-specific technical change growth accounting sources of growth natural resources trade costs. Growth and Development Macroeconomics |
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Price of capital investment-specific technical change growth accounting sources of growth natural resources trade costs. Growth and Development Macroeconomics |
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Price of capital investment-specific technical change growth accounting sources of growth natural resources trade costs. Growth and Development Macroeconomics SAMANIEGO, Roberto M. SUN, Juliana Yu Investment-Specific Technical Change and Growth around the World |
| description |
Investment-specific technical change (ISTC) contributes little to growth in most countries. This is because in many countries the investment process does not become notably more efficient over time. Still, cross-country differences in the contribution of ISTC to growth are significant. Differences in the rate of ISTC appear due to cross-country variation in the use of R&D intensive capital goods, as well as trade costs. |
| format |
text |
| author |
SAMANIEGO, Roberto M. SUN, Juliana Yu |
| author_facet |
SAMANIEGO, Roberto M. SUN, Juliana Yu |
| author_sort |
SAMANIEGO, Roberto M. |
| title |
Investment-Specific Technical Change and Growth around the World |
| title_short |
Investment-Specific Technical Change and Growth around the World |
| title_full |
Investment-Specific Technical Change and Growth around the World |
| title_fullStr |
Investment-Specific Technical Change and Growth around the World |
| title_full_unstemmed |
Investment-Specific Technical Change and Growth around the World |
| title_sort |
investment-specific technical change and growth around the world |
| publisher |
Institutional Knowledge at Singapore Management University |
| publishDate |
2016 |
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https://ink.library.smu.edu.sg/soe_research/1849 https://ink.library.smu.edu.sg/context/soe_research/article/2848/viewcontent/07_2016.pdf |
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