A Glance at Growth Accounting: Cobb-Douglas Model for G-7 (1950-2018)
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Date
2020
Authors
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Publisher
European Journal of Digital Economy Research
Open Access Color
GOLD
Green Open Access
No
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Abstract
In this article, we inspected the impact of human capital on economic growth by estimating a Cobb-Douglas model for G-7 countries during (1950-2018). Our results show that, human capital has a positive impact on economic growth in the long-run with a contribution of 0.44% whereas evidence is only found for physical capital for the short-run. While the current data for G-7 with the application of pmg reveals that tfp was insignificant.
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ORCID
Keywords
Human Capital, Cobb-Douglas Production Function, Growth, PMG, KOBİ;büyüme;rekabetçilik;stratejik finansal yönetim (SFY);KOBİ’lerde SFY uygulamaları., SME;growth;competitiveness;strategic financial management (SFM);SFM applications in SMEs.
Turkish CoHE Thesis Center URL
Fields of Science
0502 economics and business, 05 social sciences
Citation
İzgi, B. B., Karadağ, H., & Beceren, E. (2020). A Glance at Growth Accounting: Cobb-Douglas Model for G-7 (1950-2018). European Journal of Digital Economy Research, 1(2), 69-75.
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N/A
OpenCitations Citation Count
1
Source
European Journal of Digital Economy Research
Volume
1
Issue
2
Start Page
69
End Page
75
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0.0
Sustainable Development Goals
8
DECENT WORK AND ECONOMIC GROWTH
9
INDUSTRY, INNOVATION AND INFRASTRUCTURE
10
REDUCED INEQUALITIES
14
LIFE BELOW WATER
16
PEACE, JUSTICE AND STRONG INSTITUTIONS
17
PARTNERSHIPS FOR THE GOALS
