Economic growth: productivity, thrift and capital accumulation
The aim of this research is to study the relationship between thrifts, capital accumulation, and economic growth, as suggested by Swan in 1956. It provides a model which measures resource contribution, productivity, and share on economic growth and explains...
| Autor Principal: | Villalobos, Daniel |
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| Formato: | Artículo |
| Idioma: | Inglés |
| Publicado: |
Universidad Nacional, Costa Rica
2020
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| Acceso en línea: |
http://hdl.handle.net/11056/17330 https://doi.org/10.15359/eys.25-57.4 |
| Sumario: |
The aim of this research is to study the relationship between thrifts, capital accumulation, and economic growth, as suggested by Swan in 1956. It provides a model which measures resource contribution, productivity, and share on economic growth and explains how it could occur in an economy. New formulas emerge as powerful tools in building a rigorous new method of attack to support the analysis and explanation of this subject, which was evaluated by the case of Costa Rica during the period 2010 – 2017. The theoretical and empirical findings of the analysis of capital and labor productivity, contribution, and share on economic growth support Swan’s suggestion. |
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