Economic growth: productivity, thrift and capital accumulation

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Date

1 juin 2020

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Ce document est lié à :
10.15359/eys.25-57.4

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SciELO

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info:eu-repo/semantics/openAccess




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Daniel Villalobos Céspedes, « Economic growth: productivity, thrift and capital accumulation », Economía y Sociedad, ID : 10670/1.b87y2a


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The aim of this research is to study the relationship between thrifts, capital accumulation, and economic growth, as suggested by Swan in 1956. It provides a model which measures resource contribution, productivity, and share on economic growth and explains how it could occur in an economy. New formulas emerge as powerful tools in building a rigorous new method of attack to support the analysis and explanation of this subject, which was evaluated by the case of Costa Rica during the period 2010 - 2017. The theoretical and empirical findings of the analysis of capital and labor productivity, contribution, and share on economic growth support Swan’s suggestion.

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