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Bridging the barriers: knowledge connections, productivity, and capital accumulation

Grafton, R. Quentin; Kompas, Tom; Owen, P. Dorian

Description

The paper explains the large differences in cross-country productivity performance by modeling and testing the effects of social barriers to communication on productivity and capital accumulation. In an optimal growth model, social barriers to communication that impede the formation of knowledge connections are shown to reduce both transitory and steady-state levels of total factor productivity (TFP), per capita consumption, and reproducible capital. A ‘bridging’ parameter in the growth model...[Show more]

CollectionsANU Research Publications
Date published: 2004-11
Type: Working/Technical Paper
URI: http://hdl.handle.net/10440/1207
http://digitalcollections.anu.edu.au/handle/10440/1207
Source: Journal of productivity analysis
DOI: 10.1007/s11123-007-0054-6

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