Title of article
Measuring technical progress in gross and net products
Author/Authors
ohn C. V. Pezzey، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2003
Pages
6
From page
247
To page
252
Abstract
On the optimal path of a constant returns economy with capital and non-renewable resource inputs, the rate of exogenous technical progress in NNP (for use in Weitzman’s ‘technical progress premium’) equals the rate of progress in gross production, divided by one minus the production elasticity of the resource flow.
Keywords
Non-renewable resources , Exogenous technical progress , Net national product
Journal title
Economics Letters
Serial Year
2003
Journal title
Economics Letters
Record number
435111
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