Resource title

Do factor shares reflect technology?

Resource image

image for OpenScout resource :: Do factor shares reflect technology?

Resource description

This note demonstrates that it is easily possible to compute technological parameters out ot national income acconting data in the presence of bargaining in the labor market. Applying the method to US data, we obtain that the output elasticity with respect to capital exceed 0.5.

Resource author

Benjamin Bental, Dominique M. Demougin

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25069

Resource license

Adapt according to the presented license agreement and reference the original author.