The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Level Accounting

  • Francesco Caselli
Reference work entry


Level accounting (more recently known as development accounting) consists of a set of calculations whose purpose is to find the relative contributions of differences in inputs and differences in the efficiency with which inputs are used to cross-country differences in GDP. It is therefore the cross-country analogue of growth accounting.


Development accounting Growth accounting Level accounting Technical change Total factor productivity 

JEL Classifications

D4 D10 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Francesco Caselli
    • 1
  1. 1.