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The reflections in this article stem from Andreatta’s 1958 analysis on Income distribution and capital accumulation, in the form of a stylized interpretation of his thought as a political economist. His theoretical analyses are reinterpreted with particular attention to the effects of...
Persistent link: https://www.econbiz.de/10010786833
The reflections in this article stem from Andreatta’s 1958 analysis on Income distribution and capital accumulation, in the form of a stylized interpretation of his thought as a political economist. His theoretical analyses are reinterpreted with particular attention to the effects of...
Persistent link: https://www.econbiz.de/10010571183
growth models, introduced by Solow, Harrod-Domar, Barro and Romer, for the Turkish economy by applying the Seemingly …
Persistent link: https://www.econbiz.de/10010674780
The slower productivity growth in Canada relative to that experienced in the United States in the second half of the 1990s has been a matter of great concern to Canadians, with a wide variety of explanations put forward to account for this development. A key issue is whether this slower...
Persistent link: https://www.econbiz.de/10005518950
One of the main objectives of the growth-accounting is to study the countries' convergence. In this paper, we proposed a new approach, based on Stochastic Production Frontiers (SPF), to appraise the catch-up of OECD countries. The main advantage of our method is to decompose efficiency scores of...
Persistent link: https://www.econbiz.de/10005111535
Persistent link: https://www.econbiz.de/10005406616
España avanza hacia el final de 2014 por un camino en el que se observan señales positivas de corrección de los desequilibrios que han agravado la crisis y de recuperación de la actividad. Al mismo tiempo, se hacen más evidentes los enormes desafíos a los que hemos de responder para...
Persistent link: https://www.econbiz.de/10011105352
The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of...
Persistent link: https://www.econbiz.de/10011083225
Despite the widespread popularity of the Solow growth model, much of the recent empirical work based on the classic … exogenous in the Solow model, is often identified as being constant across countries. This simplification of the behavior of … Solow model. One implication has been an overemphasis on the role of factor accumulation in explaining cross-country income …
Persistent link: https://www.econbiz.de/10005616602
Standard postulates concerning the aggregate production function are about marginal productivities - and the associated demand of labor and capital – which are to be negatively related to factor prices, namely the wage rate and the profit rate. The theoretical cases in which these neoclassical...
Persistent link: https://www.econbiz.de/10010797653