Bienvenue sur le site du CRES

Nonlinearities in productivity growth: a semi-parametric panel analysis


We use country panel data spanning over 1998-2008 for both developed and developing countries to study the productivity growth when countries are close to the technology frontier. Relying on a semi-parametric generalized additive model, we estimate both reduced and structural forms for total factor productivity growth. We consider three measurements of frontier: the economy with the highest level of productivity growth, the world productivity growth and the productivity growth of the USA. We obtain a U shape relation between productivity growth and the proximity to the world productivity growth.

Télécharger le fichier