development accounting

Income differences between high- and low-income countries reflect differences in technology adoption and skill endowments. Ensuring the right worker finds the right job - improving worker-job matching – can play an important role in realising the gains of technology and endowment upgrading.

Technological and institutional environments, rather than differences in human capital, are behind variations in skill premia across countries

Residents of poor countries are not only ‘consumption poor’, they are also ‘leisure poor’