World Total Factor Productivity Growth and the Steady-State Rate in the 20th Century


  • Documentos de Trabajo CIEF


  • I estimate a Solow model augmented with human capital in 42 countries for 1910-2000. Estimated TFP growth is 0.3%/year, and the steady-state rate for GDP/capita is 1.0%/year. Implicitly for high-income countries maintaining growth above this rate will be increasingly difficult.

fecha de publicación

  • 2013-03

Líneas de investigación

  • Convergence
  • Economic Growth
  • Solow Model
  • Steady State
  • TFP Growth


  • 11995