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Working Paper Series
How Important Are Capital and Total Factor Productivity for Economic Growth?Scott L. Baier, Gerald P. Dwyer Jr., and Robert Tamura
Working Paper 2002-2a April 2002The authors thank the Federal Reserve Bank of Atlanta for research support in the later stages of this project. Work on this project began while Tamura was visiting the Hoover Institution. Shalini Patel provided research assistance and Linda Mundy provided secretarial assistance. Charles Jones and Peter Klenow provided helpful suggestions. Ayse Evrensel, Gerhard Glomm, Peter Rangazas, Paula Tkac, and Lawrence H. White provided detailed comments on an earlier draft. The authors also thank seminar participants at Clemson University, Emory University, Montana State University, Texas A&M University, the University of Georgia, and participants in sessions at Society for Economic Dynamics, Midwest Macroeconomics, and Western Economic Association meetings for helpful suggestions. The views expressed here are the authors' and not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System. Any remaining errors are the authors' responsibility.Please address questions regarding content to Scott L. Baier, Economics Department, 222 Sirrine Hall, Clemson University, Clemson, South Carolina 29634-1309, 864-656-4534, 864-656-4192 (fax), sbaier@clemson.edu; Gerald P. Dwyer Jr., Research Department, Federal Reserve Bank of Atlanta, 1000 Peachtree Street, N.E., Atlanta, Georgia 30309-4470, 404-498-7095, 404-498-8810 (fax), gdwyer@dwyerecon.com; or Robert Tamura, Economics Department, 222 Sirrine Hall, Clemson University, Clemson, South Carolina 29634-1309, 864-656-1242, rtamura@clemson.edu.The full text of Federal Reserve Bank of Atlanta working papers, including revised versions, is available on the Atlanta Fed's Web site at http://www.frbatlanta.org. Click on the "Publications" tab and then "Working Papers" in the navigation bar. To receive notification ab...
