Measuring Economic Growth and Its Relation with Production Possibility Frontier and Returns to Scale

Economic growth is frequently explained by an increase in the quantity of production. However, economic growth is an increase in the productive capacity of an economy and it is explained by an outward shift of production possibility frontier. The aim of this study is to measure economic growth as an increase in the productive capacity by using production possibility frontier. Our result shows that there is a condition in order to guarantee positive economic growth

MoreLess

Year of publication:	2017
Authors:	Mert, Merter
Publisher:	[2017]: [S.l.] : SSRN
Subject:	Skalenertrag \| Returns to scale \| Theorie \| Theory \| Wirtschaftswachstum \| Economic growth \| Produktionsfunktion \| Production function \| Messung \| Measurement

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: International Journal of Economics and Research, Vol. 7, No. 6, p. 75-86, 2016 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 28, 2016 erstellt
Classification:	O40 - Economic Growth and Aggregate Productivity. General ; O49 - Economic Growth and Aggregate Productivity. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012955214