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This paper develops a production function which two separate elasticities of substitution between two input factors … paper gives an economic application and shows the theoretical properties of this production function regarding the … development of relative capital intensities and relative production per efficiency unit of labor. Inequality across countries …
Persistent link: https://www.econbiz.de/10003547448
This paper develops a production function which two separate elasticities of substitution between two input factors … paper gives an economic application and shows the theoretical properties of this production function regarding the … development of relative capital intensities and relative production per efficiency unit of labor. Inequality across countries …
Persistent link: https://www.econbiz.de/10009746186
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A growth accounting exercise is conducted for 88 countries for 1960-94 to examine the source of cross-country differences in total factor productivity (TFP) levels. Two differences distinguish this analysis from that of the related literature. First, the critical technology parameter-the share...
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