Productivity and saving channels of economic growth as latent variables: an application of confirmatory factor analysis

When it comes to measure the sources of growth and draw economic policy conclusions, economists rely on growth accounting. According to this approach, per capita growth is explained by two sources: capital accumulation and total factor productivity. Our contention is that growth accounting suffers f...

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Veröffentlicht in:	Estudios de economia 2000, Vol.27 (2), p.243-257
1. Verfasser:	Bebczuk, Ricardo
Format:	Artikel
Sprache:	eng
Schlagworte:	Economía Growth Latent variables
Online-Zugang:	Volltext
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