What Have We Learned from a Decade of Empirical Research on Growth? It's Not Factor Accumulation: Stylized Facts and Growth Models

By William R. Easterly, Ross Levine. 2001

861 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/fa30e4b0a2b4d6efbf36350f1af190821eba924f

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Citations in the corpus

Does Islamic banking development favor macroeconomic efficiency? Evidence on the Islamic finance-growth nexus (2015, background): “First, there is a consensus that productivity growth plays a greater role than factor accumulation in explaining countries' growth differences (Caselli, 2005; Easterly and Levine, 2001).”
R/D, Implementation, and Stagnation: A Schumpeterian Theory of Convergence Clubs (2005, positive): “Easterly and Levine (2001) attribute about 60% of the cross-country variation in per-capita GDP growth rates to differences in productivity growth, while Klenow and Rodrı́guez-Clare (1997) attribute about 90% of it to differences in productivity growth.”
Bank-Based or Market-Based Financial Systems: Which is Better? (2002, neutral): “11 I assessed the empirical link between financial structure and the individual sources of growth: total factor productivity growth, physical capital accumulation, and private saving rates using data from Easterly and Levine (2001).”
Trade Liberalisation and Economic Performance: An Overview (2004, neutral): “Jones (2001) offers a measured assessment and one might also note the frequency with which some sort of openness measure proves important in broader studies of growth - e.g. Easterly and Levine (2001).”
Total Factor Productivity Differences: Appropriate Technology Vs. Efficiency (2007, positive): “The results usually show that differences in incomes are largely a consequence of differences in TFP (Klenow and Rodriguez-Clare, 1997; Hall and Jones , 1999; Easterly and Levine, 2001; Caselli, 2005).”
Public Capital and Growth (2010, background): “Some have also argued that total factor productivity (TFP), rather than capital accumulation, matters in explaining growth differentials (Easterly and Levine (2001).”
Meta-analysis of the impact of fiscal policies on long-run growth (2004, background): “…does not aim to provide a broad literature survey on the role of government policies in the process of economic development, as many such surveys already exist (for example, Slemrod 1995, Agell et al. 1997, Glomm and Ravikumar 1997, Temple 1999, Tanzi and Schuknecht 2000, Easterly and Levine 2001).”
Assessing the relationships between human capital, innovation and technology adoption: Evidence from sub-Saharan Africa (2017, background): “Empirical literature on economic growth investigating the proximate causes of the enormous differences in per capita income across countries usually indicate that these differences in incomes are largely a consequence of differences in Total Factor Productivity (TFP) growth (see Klenow and Rodriguez”