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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w2097 |
来源ID | Working Paper 2097 |
Assessing Dynamic Efficiency: Theory and Evidence | |
Andrew B. Abel; N. Gregory Mankiw; Lawrence H. Summers; Richard J. Zeckhauser | |
发表日期 | 1986-12-01 |
出版年 | 1986 |
语种 | 英语 |
摘要 | The issue of dynamic efficiency is central to analyses of capital accumulation and economic growth. Yet the question of what operating characteristics of an economy subject to productivity shocks should be examined to determine whether or not it is efficient has not been resolved. This paper develops criterion based on observables for determining whether or not an economy is dynamically efficient. The criterion involves a comparison of the cash flows generated by capital with the volume of investment. Its application to the United States economy and the economies of other major OECD nations suggests that they are dynamically efficient. |
URL | https://www.nber.org/papers/w2097 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/559351 |
推荐引用方式 GB/T 7714 | Andrew B. Abel,N. Gregory Mankiw,Lawrence H. Summers,et al. Assessing Dynamic Efficiency: Theory and Evidence. 1986. |
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 | ||
w2097.pdf(315KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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