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The Level of Development and the Determinants of Productivity Growth

Author

Listed:
  • Habib Ahmed

    (Islamic Development Bank)

  • Stephen M. Miller

    (University of Connecticut)

Abstract

We examine the effects of technology on productivity growth by disaggregating total output into sectoral components, exploring the roles of investment and technology on productivity growth for countries in different income groups. We find that for low-income countries, investment is the most important determinant of productivity growth. While investment plays an important role in determining productivity growth in middle-income countries, additional effects resulting from technological change also emerge. Investment ceases to have a significant effect on productivity growth in high-income countries.

Suggested Citation

  • Habib Ahmed & Stephen M. Miller, 1999. "The Level of Development and the Determinants of Productivity Growth," Working papers 1999-03, University of Connecticut, Department of Economics.
    • Handle: RePEc:uct:uconnp:1999-03
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    References listed on IDEAS

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    Cited by:

    1. González, Germán, 2006. "A Growth Theory and Competitiveness Gains Measure Linkage," MPRA Paper 143, University Library of Munich, Germany.

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    More about this item

    Keywords

    productivity growth; investment; technical change; sectoral analysis;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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