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Estimation for Production Factors in World Major Economies

Author

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  • Yunhong Chen
  • Qiang Jiang

Abstract

The factor endowment constitutes the basis for nations¡¯ wealth. Researches on international trade theory also rely on a whole set of multi-factor endowment data collected in different countries. In view of the above mentioned facts, based on its attributes, the factors of production are classified into three categories as consumptive, idle and accumulative in the present paper. Then, supported by database from internal and overseas, the paper presents the statistics on the three categories of production factors, specifically 14 types altogether, collected in 44 major economies over the period from 1990 to 2012.

Suggested Citation

  • Yunhong Chen & Qiang Jiang, 2016. "Estimation for Production Factors in World Major Economies," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 7(5), pages 99-109, October.
    • Handle: RePEc:jfr:ijfr11:v:7:y:2016:i:5:p:99-109
    DOI: 10.5430/ijfr.v7n5p99
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