Growth acceleration in the Baltic States: What can growth accounting tell us?. Report by BICEPS Alf Vanags Rudolfs Bems. Other contributors. Sirje Padam Mark Chandler Kristine Vitola Morten Hansen Slava Dombrovsky World Bank team. The facts.
Growth acceleration in the Baltic States: What can growth accounting tell us?
Report by BICEPS
increase of growth of 2% or more that is sustained for at least 8 years (Haussman,Prichett, Rodrik 2004)
total factor productivity (residual)
Aggregate growth accounting 1996-2003
Traded/non-traded growth accounting 1996-2002
Historical evidence on TFP growth (average annual %)
Lithuania 3.1Chile 1.5