IDEAS home Printed from https://ideas.repec.org/p/hal/cesptp/halshs-01077366.html
   My bibliography  Save this paper

Is the decomposition of the technical biased progress realizable with a Cobb-Douglas production function?
[La décomposition des biais de progrès technique est-elle réalisable avec une fonction production Cobb-Douglas ?]

Author

Listed:
  • Georges Daw

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

The neo-classic exercise of growth economic accounting for a given country leads to a quantified diagnosis of the characteristics (capital, work, total productivity of the factors) of this growth while working with a function of Cobb-Douglas production. In the presence of biased technical progress (i.e. progress not profiting identically with all the productive factors), this function is not able to separately provide the value of each bias, which can disorientate the economic policy. In this paper, we provide theoretical and empirical details necessary in economics of technical progress and precisely on the subject of the technical biased progress. We show then exhaustively and pedagogically why the Cobb-Douglas function does not allow a separate identification of these bias and is condemned to gather them within the Solow residual.

Suggested Citation

  • Georges Daw, 2014. "Is the decomposition of the technical biased progress realizable with a Cobb-Douglas production function? [La décomposition des biais de progrès technique est-elle réalisable avec une fonction prod," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01077366, HAL.
  • Handle: RePEc:hal:cesptp:halshs-01077366
    DOI: 10.1016/j.rgo.2014.05.001
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01077366
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-01077366/document
    Download Restriction: no

    File URL: https://libkey.io/10.1016/j.rgo.2014.05.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Fonction Cobb-Douglas; Facteurs de production; Progrès technique; Biais de progrès technique; Résidu de Solow; Parts factorielles; Elasticité de substitution Codes Jel : D24;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:cesptp:halshs-01077366. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.