Sources of Economic Growth

Name: Sources of Economic Growth
Price: 78.45 USD
Availability: InStock
ISBN: 9783838361796

ISBN-10: 3838361792

ISBN-13: 9783838361796

Edition: N/A

Authors: Arzu Alvan

List price: $102.00

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Description:

The Two-Deflator Growth Accounting Approach (TDA)is a new methodology that is based on the theory of capital, not on the theory of production as in the traditional growth accounting approaches. It is superior to the traditional approach in many ways. The measurement of growth at the disaggregated level can resolve many macroeconomic issues which are not possible in an aggregated framework. There are three main outcomes of this study; first, human capital quality upgrade contribution to labor growth is separated successfully by the TDA and it is negatively correlated to TFP growth; second, value added growth is mainly explained by the growth of capital stock and TFP growth; and third, TFP…

Book details

List price: $102.00
Publisher: Lap Lambert Academic Publishing GmbH & Company KG
Binding: Paperback
Pages: 280
Size: 6.00" wide x 9.00" long x 0.63" tall
Weight: 0.924
Language: English