Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology

"We provide three basic elements for the analysis of the economic growth in Colombia: In order to get the factor shares, we separate produced physical capital income from natural capital income and raw labor income from the human capital income. We find that the share of reproducible factors ha...

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Autores Principales: Zuleta H., Parada J., García A., Campo J.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: "Universidad de los Andes, Facultad de Economia" 2010
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/23843
id ir-10336-23843
recordtype dspace
spelling ir-10336-238432020-06-03T22:15:14Z Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology Participación factorial y contabilidad del crecimiento económico en Colombia (1984-2005). Una propuesta de modificación del método de contabilidad del crecimiento Zuleta H. Parada J. García A. Campo J. Biased tecchnological change Factor shares Growth accounting "We provide three basic elements for the analysis of the economic growth in Colombia: In order to get the factor shares, we separate produced physical capital income from natural capital income and raw labor income from the human capital income. We find that the share of reproducible factors has an increasing trend (as suggested by biased innovations models). Second, given the non-stationarity of the factor shares, in order to compute the multifactorial productivity, we need to find correct measures of the factors. We use an empirical method to identify such measures and we apply it to Colombian data. Finally, using the new calculations, we perform an exercise of growth accounting. This procedure allows us to identify with more precision the behavior of total factor productivity." 2010 2020-05-26T00:05:57Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 1203584 https://repository.urosario.edu.co/handle/10336/23843 eng info:eu-repo/semantics/openAccess application/pdf "Universidad de los Andes, Facultad de Economia" instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Biased tecchnological change
Factor shares
Growth accounting
spellingShingle Biased tecchnological change
Factor shares
Growth accounting
Zuleta H.
Parada J.
García A.
Campo J.
Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology
description "We provide three basic elements for the analysis of the economic growth in Colombia: In order to get the factor shares, we separate produced physical capital income from natural capital income and raw labor income from the human capital income. We find that the share of reproducible factors has an increasing trend (as suggested by biased innovations models). Second, given the non-stationarity of the factor shares, in order to compute the multifactorial productivity, we need to find correct measures of the factors. We use an empirical method to identify such measures and we apply it to Colombian data. Finally, using the new calculations, we perform an exercise of growth accounting. This procedure allows us to identify with more precision the behavior of total factor productivity."
format Artículo (Article)
author Zuleta H.
Parada J.
García A.
Campo J.
author_facet Zuleta H.
Parada J.
García A.
Campo J.
author_sort Zuleta H.
title Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology
title_short Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology
title_full Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology
title_fullStr Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology
title_full_unstemmed Factor shares and growth accounting in colombia (1984-2005). A new growth accounting methodology
title_sort factor shares and growth accounting in colombia (1984-2005). a new growth accounting methodology
publisher "Universidad de los Andes, Facultad de Economia"
publishDate 2010
url https://repository.urosario.edu.co/handle/10336/23843
_version_ 1669098412484591616
score 11,151152