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A limitation of most empirical cross-country studies that focus on determinants of gdp or gdp growth is that they fail to distinguish explicitly between inputs used in production and conditions that facilitate production. For example, physical capital, human capital, and labor are production...
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To improve the likelihood of reaching the Millennium Development Goals (MDGs), or more generally to improve their social indicators, countries (or states and provinces within countries) basically have two options: increasing the inputs used to "produce" the outcomes measured by the MDGs, or...
Persistent link: https://www.econbiz.de/10012563917
A limitation of most empirical cross-country studies that focus on determinants of gross domestic product (GDP) is that they fail to distinguish explicitly between inputs used in production and conditions that facilitate production. For example, physical capital, human capital, and labor are...
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To improve the likelihood of reaching the Millennium Development Goals (MDGs), or more generally to improve their social indicators, countries (or states and provinces within countries) basically have two options: increasing the inputs used to "produce" the outcomes measured by the MDGs, or...
Persistent link: https://www.econbiz.de/10010667676
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