اصل و ترجمه مقاله لاتین Back to the basics: Revisiting the development accounting methodology

Back to the basics: Revisiting the development accounting methodology Abstract The standard baseline estimate in development accounting is imprecise because of a mismatch between the estimate of physical capital and the estimate of physical capital’s share, the fraction of total income accruing to physical capital. I adjust for this mismatch, and in so doing, incorporate natural capital. I also treat factor shares as variables, not constant parameters. To accommodate these adjustments, I ...