Development Accounting: Lessons for Latin America

Christian Daudei iOECD

Organisation for Economic Co-operation and Development

关键词: Latin America;    developing accounting;    total factor productivity;    economic growth;   

DOI  :  https://doi.org/10.1787/5k97f6ws6llp-en

学科分类：社会科学、人文和艺术（综合）

来源: OECD iLibrary

【 摘 要 】

This paper presents development accounting exercises in Latin America using novel databases and methods to investigate the robustness of its results. While total factor productivity initially appears to be the most important driver of output per worker gaps in Latin America and the Caribbean, this “fact” is not robust to alternative functional forms, adjustments for the quality of human capital and endogeneity considerations. The paper also highlights the heterogeneity among countries in the region and discusses alternative ways to link macroeconomic benchmarking to policies.