 La décomposition des biais de progrès technique est-elle réalisable avec une fonction production Cobb-Douglas?"Is the decomposition of the technical biased progress realizable with a Cobb-Douglas production function?Georges Daw MPRA Paper from University Library of Munich, Germany Abstract: The neo-classic exercise of growth economic accounting for a given country leads to a quantified diagnosis of the characteristics (capital, work, total productivity of the factors) of this growth while working with a function of Cobb-Douglas production. In the presence of biased technical progress (i.e. progress not profiting identically with all the productive factors), this function is not able to separately provide the value of each bias, which can disorientate the economic policy. In this paper, we provide theoretical and empirical details necessary in economics of technical progress and precisely on the subject of the technical biased progress. We show then exhaustively and pedagogically why the Cobb-Douglas function does not allow a separate identification of these bias and is condemned to gather them within the Solow residual. Keywords: Fonction; Cobb-DouglasFacteurs; de; productionProgrès; techniqueBiais; de; progrès; techniqueRésidu; de; SolowParts; factoriellesElasticité; de; substitution. (search for similar items in EconPapers) Published in La Revue Gestion et Organisation 1.6(2014): pp. 47-55 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:130676 Access Statistics for this paper More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC. |
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