Growth accounting by decomposition: a modified NIRS approach

Inyong Shin

MPRA Paper from University Library of Munich, Germany

Abstract: This paper points out the fallacy in the previous method of growth accounting by decomposition. Specically, it points out that the previous studies tend to measure the contribution of technical progress to economic growth to be too low and that of capital accumulation too high.

Keywords: production frontier; productivity growth; technical change (search for similar items in EconPapers)
JEL-codes: C82 O30 O47 (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:39120

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