Data suggests that in most countries, economic growth can be explained entirely by the growth of factor inputs.

Name: Data suggests that in most countries, economic growth can be explained entirely by the growth of factor inputs.
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Economic growth is not explained entirely by the growth of factor inputs (like labor and capital); technological progress and improvements in efficiency (total factor productivity) also play a crucial role in driving economic growth in most countries.

Data Suggests That in Most Countries, Economic Growth Can Be