Testing production functions used in empirical growth studies

Detalhes bibliográficos
Autor(a) principal: Ferreira, Pedro Cavalcanti
Data de Publicação: 2003
Outros Autores: Issler, João Victor, Pessôa, Samuel de Abreu
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/899
Resumo: We estimate and test two alternative functional forms, which have been used in the growth literature, representing the aggregate production function for a panel of countries: the model of Mankiw, Romer and Weil (Quarterly Journal of Economics, 1992), and a mincerian formulation of schooling-returns to skills. Estimation is performed using instrumental-variable techniques, and both functional forms are confronted using a Box-Cox test, since human capital inputs enter in levels in the mincerian specification and in logs in the extended neoclassical growth model.
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spelling Ferreira, Pedro CavalcantiIssler, João VictorPessôa, Samuel de AbreuEscolas::EPGEFGV2008-05-13T15:39:53Z2008-05-13T15:39:53Z2003-10-110104-8910http://hdl.handle.net/10438/899We estimate and test two alternative functional forms, which have been used in the growth literature, representing the aggregate production function for a panel of countries: the model of Mankiw, Romer and Weil (Quarterly Journal of Economics, 1992), and a mincerian formulation of schooling-returns to skills. Estimation is performed using instrumental-variable techniques, and both functional forms are confronted using a Box-Cox test, since human capital inputs enter in levels in the mincerian specification and in logs in the extended neoclassical growth model.engEscola de Pós-Graduação em Economia da FGVEnsaios Econômicos;507Testing production functions used in empirical growth studiesinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleEconomiaEconomiaDesenvolvimento econômicoModelos econômicosreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINAL1452.pdf1452.pdfapplication/pdf187866https://repositorio.fgv.br/bitstreams/52ab7290-2a1f-4f0e-b209-f3adbff152ae/download848f2451f574f454b374ffafdf6c73bdMD51TEXT1452.pdf.txt1452.pdf.txtExtracted texttext/plain26832https://repositorio.fgv.br/bitstreams/471a35dd-9105-42f9-b0ec-3aad5e67bea8/download574304d8224c92a20243b20b1a7289d4MD56THUMBNAIL1452.pdf.jpg1452.pdf.jpgGenerated Thumbnailimage/jpeg3321https://repositorio.fgv.br/bitstreams/79a0e557-497e-4489-80c7-c36aff66fe1f/download52e80fe5eb4dc10b601f35a1fe240e7cMD5710438/8992023-11-09 21:59:58.202open.accessoai:repositorio.fgv.br:10438/899https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-09T21:59:58Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)false
dc.title.eng.fl_str_mv Testing production functions used in empirical growth studies
title Testing production functions used in empirical growth studies
spellingShingle Testing production functions used in empirical growth studies
Ferreira, Pedro Cavalcanti
Economia
Economia
Desenvolvimento econômico
Modelos econômicos
title_short Testing production functions used in empirical growth studies
title_full Testing production functions used in empirical growth studies
title_fullStr Testing production functions used in empirical growth studies
title_full_unstemmed Testing production functions used in empirical growth studies
title_sort Testing production functions used in empirical growth studies
author Ferreira, Pedro Cavalcanti
author_facet Ferreira, Pedro Cavalcanti
Issler, João Victor
Pessôa, Samuel de Abreu
author_role author
author2 Issler, João Victor
Pessôa, Samuel de Abreu
author2_role author
author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EPGE
dc.contributor.affiliation.none.fl_str_mv FGV
dc.contributor.author.fl_str_mv Ferreira, Pedro Cavalcanti
Issler, João Victor
Pessôa, Samuel de Abreu
dc.subject.area.por.fl_str_mv Economia
topic Economia
Economia
Desenvolvimento econômico
Modelos econômicos
dc.subject.bibliodata.por.fl_str_mv Economia
Desenvolvimento econômico
Modelos econômicos
description We estimate and test two alternative functional forms, which have been used in the growth literature, representing the aggregate production function for a panel of countries: the model of Mankiw, Romer and Weil (Quarterly Journal of Economics, 1992), and a mincerian formulation of schooling-returns to skills. Estimation is performed using instrumental-variable techniques, and both functional forms are confronted using a Box-Cox test, since human capital inputs enter in levels in the mincerian specification and in logs in the extended neoclassical growth model.
publishDate 2003
dc.date.issued.fl_str_mv 2003-10-11
dc.date.accessioned.fl_str_mv 2008-05-13T15:39:53Z
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