Variable factor shares, measurement and growth accounting
Recent evidence shows that factor shares are not constant. Consequently, growth accounting exercises rely on a false assumption and a measurement problem arises. We propose an empirical methodology to solve the measurement issue and estimate TFP growth.
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| Formato: | Artículo (Article) |
| Lenguaje: | Inglés (English) |
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Elsevier
2012
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| Acceso en línea: | https://repository.urosario.edu.co/handle/10336/25901 https://doi.org/10.1016/j.econlet.2011.09.026 |