Didenko, Dmitry; Földvári, Péter; Leeuwen, Bas van - Institute of Economic Research, Hitotsubashi University - 2013
the role of conventional factors of production (fixed, or physical, and human forms of capital) and their productivity … physical capital increases the factors of production (hence increasing growth via perspiration) but reduces the technical … efficiency of the factors of production strongly (hence lowers the growth via TFP, i.e. inspiration). After the economic …