Variable factor shares, measurement and growth accounting
Recent evidence shows that factor shares are not constant. Consequently, growth accounting exercises rely on a false assumption and a measurement problem arises. We propose an empirical methodology to solve the measurement issue and estimate TFP growth.
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2012
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- eng
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/25901
- Acceso en línea:
- https://doi.org/10.1016/j.econlet.2011.09.026
https://repository.urosario.edu.co/handle/10336/25901
- Palabra clave:
- Factor shares
Production function
Measurement
- Rights
- License
- Abierto (Texto Completo)
| Summary: | Recent evidence shows that factor shares are not constant. Consequently, growth accounting exercises rely on a false assumption and a measurement problem arises. We propose an empirical methodology to solve the measurement issue and estimate TFP growth. |
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