# Questions tagged [growth-accounting]

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### Growth Accounting with variable factor shares

Under the assumption of competitive markets, the usual growth accounting equation using Cobb-Douglass function is as follows: $\Delta Y/Y = \Delta A/A+w_l\Delta L/L+w_k\Delta K/K$ $Y$ is output $K$...
• 1,980
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### Measuring growth rate when values are negative

I am studying nightlights data and trying to model cross-sectional convergence in nightlights in India. However data has some stray light corrections, which has made some of the measurements below ...
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### Discrete returns versus log-returns

I read this link and it is very helpful. However, if log-returns are easier for time-aggregation, then why do economists work with discrete returns e.g. in GDP growth?
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1 vote
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### Estimating Endogenous vs Exogenous growth models

Exogenous economic growth models (mostly those that take technological progress, or change in TFP as exogenous and random) are rather easy to estimate econometrically. But how about endogenous ...
• 151
1 vote
78 views

### Sources of Growth and co-integration: production function approach

I am experimenting with time series data to gauge the importance of factors of production i.e. labour force, capital stock, energy, land, etc. in output growth. One venue I am looking into is the ...
• 1,980
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### How to Calculate the productivity multiplier?

Given a Cobb Douglas $Y_t = A (K_t^\alpha L_t^{1-\alpha})$ $K_{t+1} = sY_t + (1-\delta) K_t$ How do we get the multiplier on productivity to be equal to $\frac{1}{1-\alpha}$? I understand ...
• 111
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### Growth Accounting, capital-output approach

In standard approach to growth accounting, you decompose $y_t = A_t f(k_t, l_t)$ into TFP, labor and capital components. In the capital-output approach, people make the argument that $A_t$ can also ...
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### What's a « 1-Ratio» ? From a text on Capital's share of GDP

In this article, the writer talks about the «capital share, as a percent of GDP — here just 1 – labor share percentage» What's this 1-labour share percentage?