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dc.contributor.authorGrafton, R Quentinen_NZ
dc.contributor.authorKompas, Tomen_NZ
dc.contributor.authorOwen, P. Dorianen_NZ
dc.date.available2011-04-07T03:06:21Z
dc.date.copyright2003-07en_NZ
dc.identifier.citationGrafton, R. Q., Kompas, T., & Owen, P. D. (2003). Productivity, factor accumulation and social networks: theory and evidence (Economics Discussion Papers Series No. 304). University of Otago. Retrieved from http://hdl.handle.net/10523/1066en
dc.identifier.urihttp://hdl.handle.net/10523/1066
dc.descriptionRevised March 2004.en_NZ
dc.description.abstractThe paper analyzes how social barriers to communication affect economy-wide productivity and factor accumulation. Using a dynamic model of an economy that includes a reproducible capital stock (physical or human) and effective labor, a negative relationship is shown to exist between social barriers to communication and total factor productivity (TFP), per capita consumption and reproducible capital. Robust estimates obtained from cross-country data are consistent with the model’s predictions. The theory and empirical results help explain cross-country differences in TFP, the high productivity performance of leading industrialized countries and how productivity ‘catch up’ may be initiated.en_NZ
dc.format.mimetypeapplication/pdf
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.relation.urihttp://www.business.otago.ac.nz/econ/research/discussionpapers/DP0304.pdfen_NZ
dc.subjectproductivityen_NZ
dc.subjectsocial networksen_NZ
dc.subjectEconomic growthen_NZ
dc.subject.lcshHB Economic Theoryen_NZ
dc.titleProductivity, factor accumulation and social networks: theory and evidenceen_NZ
dc.typeDiscussion Paperen_NZ
dc.description.versionUnpublisheden_NZ
otago.bitstream.pages41en_NZ
otago.date.accession2006-02-03en_NZ
otago.schoolEconomicsen_NZ
otago.openaccessOpen
otago.place.publicationDunedin, New Zealanden_NZ
dc.identifier.eprints232en_NZ
otago.school.eprintsEconomicsen_NZ
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