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International Comparisons of Levels of Capital Input and Multi-Factor Productivity

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  • Paul Schreyer

Abstract

The paper uses a method by Christensen et al. to construct cross-country comparisons of the levels of capital input, capital and labour productivity and multi-factor productivity. These results are used to decompose international differences in gross domestic product per capita into differences in labour utilization, information and communication technology (ICT) and non-ICT capital intensity and multi-factor productivity for seven Organisation for Economic Co-operation and Development countries. We provide Monte Carlo estimates to examine the effects of measurement errors in the base data, and these simulations showed that boundaries for the resulting indicators can be important. Copyright Verein für Socialpolitik and Blackwell Publishing Ltd. 2007.

Suggested Citation

  • Paul Schreyer, 2007. "International Comparisons of Levels of Capital Input and Multi-Factor Productivity," German Economic Review, Verein für Socialpolitik, vol. 8, pages 237-254, May.
    • Handle: RePEc:bla:germec:v:8:y:2007:i::p:237-254
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    References listed on IDEAS

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    1. Inklaar Robert & Timmer Marcel P. & Ark Bart van, 2007. "Mind the Gap! International Comparisons of Productivity in Services and Goods Production," German Economic Review, De Gruyter, vol. 8(2), pages 281-307, May.
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    Cited by:

    1. Paul Conway & Lisa Meehan, 2013. "Productivity by the numbers: The New Zealand experience," Working Papers 2013/01, New Zealand Productivity Commission.
    2. James Zuccollo & Sholeh Maani & Bill Kaye-Blake & Lulu Zeng, 2013. "Private Returns to Tertiary Education - How Does New Zealand Compare to the OECD?," Treasury Working Paper Series 13/10, New Zealand Treasury.

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