Estimation for Production Factors in World Major Economies

Yunhong Chen and Qiang Jiang

International Journal of Financial Research, 2016, vol. 7, issue 5, 99-109

Abstract: The factor endowment constitutes the basis for nations¡¯ wealth. Researches on international trade theory also rely on a whole set of multi-factor endowment data collected in different countries. In view of the above mentioned facts, based on its attributes, the factors of production are classified into three categories as consumptive, idle and accumulative in the present paper. Then, supported by database from internal and overseas, the paper presents the statistics on the three categories of production factors, specifically 14 types altogether, collected in 44 major economies over the period from 1990 to 2012.

Keywords: factor endowment; classification of the factors of production; database (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:jfr:ijfr11:v:7:y:2016:i:5:p:99-109

DOI: 10.5430/ijfr.v7n5p99

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