Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
964989 | Journal of Macroeconomics | 2010 | 6 Pages |
Abstract
The macroeconomic growth equation based on the Solow model with translog technology is derived and compared to Wicksell-Cobb-Douglas. Both the basic model with physical capital and the augmented model with physical and human capital are presented. The purpose of the paper is to make translog a more attractive alternative for empirical research on economic growth.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stein Ãstbye,