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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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2016
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Online Access: | 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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Institution: | Singapore Management University |
Language: | English |