TY - BOOK AU - Cherif,Reda AU - Arezki,Rabah AU - Cherif,Reda TI - Development Accounting and the Rise of TFP T2 - IMF Working Papers; Working Paper SN - 145198278X : SN - 1018-5941 PY - 2010/// CY - Washington, D.C. PB - International Monetary Fund KW - Covariance KW - imf KW - Development Accounting KW - Economic Growth KW - Explanatory Power KW - Income Differences KW - Logarithm N2 - The paper presents evidence that the contribution of differences in total factor productivity (TFP) to income differences across countries steadily increased between 1970 and 2000. We verify that our finding is neither imputable to measurement errors in input factors nor dependent on the assumption of factor neutral differences in technology. We conclude that theories explaining cross-country income differences based on institutions or on forces that are constant over time, such as geography or legal origin, should be reconsidered in the light of their consistency with the rise of the explanatory power of TFP UR - http://elibrary.imf.org/view/IMF001/10902-9781451982787/10902-9781451982787/10902-9781451982787.xml UR - http://www.imfbookstore.org/IMFORG/9781451982787 ER -