Growth accounting is a quantitative tool used to break down how specific factors contribute to economic growth.
My colleague, Frances Coppola, and I are having a back and forth on how, or how not, the sharing economy contributes to economic growth. All most fun including the usual taunting in Twitter and so on.
One of the odder little economic debates of this day and age is whether those sharing economy companies like Uber, Airbnb, TaskRabbit, should be allowed to get on with their work of disrupting the ...
Tying together two recent posts, once you understand that GDP growth isn’t all there is to human progress you can see another problem with Robert Gordon’s techno-pessimism namely that he bounces back ...
The Solow residual Ironically, Solow himself was surprised by the size of the residual and its importance in accounting for growth, even though a central prediction of his model is that long-run ...
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