Endogenous Growth. Endogenous Growth. Beginning with the 1970’s, US and other developed economies went through a 20 year period of relatively low productivity growth. Economists began looking for models which could explain productivity growth as function of fundamentals. AK Models.
Estimate TFP level:
The Myth of the Asian Miracle
Capital income shares
East Asian expansion in Education came from broadening primary and secondary education.
Korea digital connectivity much better than USA.