Economic Growth and Aggregate Productivity
Economic growth and aggregate productivity (JEL O4) cover the determinants of long-run growth and productivity.
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Scope
It includes growth theory and empirics, total factor productivity, human and physical capital, and cross-country growth.
Sub-topics
Core questions
- What determines long-run growth?
- What drives productivity?
- Why do growth rates differ across countries?
Key concepts
- Growth theory
- Total factor productivity
- Convergence
- Human capital
- Endogenous growth
Related topics
Frequently asked questions
- What is total factor productivity?
- The part of output growth not explained by increases in measured inputs — reflecting technology and efficiency.
Methods for this concept
Related concepts
- Economic Development, Innovation, Technological Change, and Growth
- Economic Development
- Production • Cost • Capital • Capital, Total Factor, and Multifactor Productivity • Capacity
- Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy
- Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence
- Economywide Country Studies