The Role of Production Progress and Human Capital in the Economic Growth of Latvia
Aleksejs Meļihovs and
Additional contact information
Gundars Davidsons: Bank of Latvia
No 2006/03, Working Papers from Latvijas Banka
The paper sets a goal to assess the significance of production progress and human capital for the Latvian economy and to estimate long-term growth rates of the country's economic development. The authors made an attempt to construct a production function using non-linear modelling. In order to improve the production function model for Latvia, the authors augmented the model by human capital approximation.
Keywords: production function; non-linear modelling; human capital; total factor productivity (search for similar items in EconPapers)
JEL-codes: C32 E23 J24 O47 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
https://www.bank.lv/public_files/images/img_lb/izd ... _Economic_Growth.pdf (application/pdf)
https://www.macroeconomics.lv/sites/default/files/ ... _economic_growth.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ltv:wpaper:200603
Access Statistics for this paper
More papers in Working Papers from Latvijas Banka Contact information at EDIRC.
Bibliographic data for series maintained by Konstantins Benkovskis ().