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We use the elements of a macroeconomic production function - physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
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We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology … development. It affects human capital through both religious and secular education. It affects population and labor by influencing … work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …
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productivity of the rest of the economy …
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