Detail Accounting for Growth With New Inputs   Oleh:  Feenstra, Robert C. ; Markusen, James R. Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 2 (1994), page 429-448. Topik: ACCOUNTING; accounting; growth; new inputs Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This paper examines the aggregate production function in an economy characterized by the creation of new, intermediate inputs. We show how growth can be decomposed into changes in higher quantities of existing inputs, and a greater range of inputs. Indexes of total factor productivity would reflect the latter. We also construct a dynamic monopolistic - competition model in which products are endogenously introduced, and simulate that model to produce artificial data. When used in standard growth - accounting regressions, the data can appear to be generated by an economy with exogenous technical change and (approximately) constant returns to primary factors. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved