کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7356213 1478224 2014 32 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
SOURCES OF GROWTH REVISITED: THE IMPORTANCE OF THE NATURE OF TECHNOLOGICAL PROGRESS
ترجمه فارسی عنوان
منابع ناشی از رشد: اهمیت طبیعت پیشرفت تکنولوژیکی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
Traditional sources of growth studies generally assume that the nature of technological progress is Hicks-neutral. However, the nature of technological progress compatible with steady state conditions is Harrod-neutral rather than Hicks-neutral. This study thus investigates sources of growth for Hong-Kong, the Republic of Korea, Singapore and Taiwan using the bounds testing procedure of Pesaran, Shin and Smith (2001) and the autoregressive distributed lag (ARDL) approach of Pesaran and Shin (1999). The robustness of the test results and parameter estimates are also justified by the fully modified ordinary least squares approach of Phillips and Hansen (1990). The results emphasize that the fundamental source of economic growth is technological progress in the short-run.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Applied Economics - Volume 17, Issue 1, May 2014, Pages 31-62
نویسندگان
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