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Tfp Quotes

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth. Andrew Groves

Author: Andrew Groves Quotes

Keywords: and :: basis :: capita :: capital :: comes :: deepening :: economic :: factor :: from :: growth :: in :: mainly :: or :: per :: productivity :: sources :: standard :: tells :: tfp :: that :: the :: theory :: total :: two :: us

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As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development. Andrew Groves

Author: Andrew Groves Quotes

Keywords: accumulation :: and :: as :: capital :: capitals :: closely :: development :: endogenous :: growth :: human :: intangible :: is :: new :: of :: related :: research :: such :: suggests :: tfp :: the :: theory :: to

Source: brainyquote.com

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