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Growth accounting by decomposition: a modified NIRS approach

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  • Shin, Inyong

Abstract

This paper points out the fallacy in the previous method of growth accounting by decomposition. Specically, it points out that the previous studies tend to measure the contribution of technical progress to economic growth to be too low and that of capital accumulation too high.

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File URL: http://mpra.ub.uni-muenchen.de/39120/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 39120.

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Date of creation: 2002
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Handle: RePEc:pra:mprapa:39120

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Related research

Keywords: production frontier; productivity growth; technical change;

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  1. Ray, Subhash C & Desli, Evangelia, 1997. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries: Comment," American Economic Review, American Economic Association, vol. 87(5), pages 1033-39, December.
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