If factor shares are not constant then we have a measurment problem. can we solve it?
Recent evidence show that factor shares, if properly measured, are far from constant. Moreover, the shares of natural resources and raw labor seem to be negatively correlated with income per capita while the share of human and physical capital is positively correlated with income per capita. No...
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| Formato: | Documento de trabajo (Working Paper) |
| Lenguaje: | Español (Spanish) |
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Universidad del Rosario
2009
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| Acceso en línea: | http://repository.urosario.edu.co/handle/10336/11287 |