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.
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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