... worked Capital, innovation, and growth accounting 83 Table 1: Growth accounting in OECD countries: 1960–2000 Country Australia Austria Belgium Canada Denmark Finland France Germany Greece Iceland ... much of growth is attributable to the accumulation of physical and human capital, and how much is the result of productivity growth, has been the subject of intense debates since the growth accounting ... accumulation and endogenous technological progress in one model As we shall see, it provides a causal explanation of long-run economic growth that is the same Capital, innovation, and growth accounting...