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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Kaldor-Verdoorn's Law and Increasing Returns to Scale: A Comparison Across Developed Countries | |
Emanuele Millemaci; Ferdinando Ofria | |
发表日期 | 2012 |
出处 | Economy and Society |
出版年 | 2012 |
语种 | 英语 |
摘要 | The objective of this study is to investigate the validity of the Kaldor-Verdoorn’s Law in explaining the long run determinants of the labor productivity growth for the manufacturing sector of some developed economies (Western European Countries, Australia, Canada, Japan and United States). We consider the period 1973-2006 using data provided by the European Commission - Economics and Financial Affairs. Our findings suggest that the law is valid for the manufacturing as countries show increasing returns to scale. Capital growth and labor cost growth do not appear important in explaining productivity growth. The estimated Verdoorn coefficients are found to be substantially stable throughout the period. |
特色分类 | C32;O47;O57 |
关键词 | Increasing Returns Kaldor-Verdoorn Law Productivity Growth Manufacturing Sector |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/kaldor-verdoorn-s-law-and-increasing-returns-to-scale-a-comparison-across-developed-countries/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118027 |
推荐引用方式 GB/T 7714 | Emanuele Millemaci,Ferdinando Ofria. Kaldor-Verdoorn's Law and Increasing Returns to Scale: A Comparison Across Developed Countries. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20121217105601Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
201212171056104NDL20(1816KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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