In these studies, TFP is perceived as the driving force -- the accumulation of physical capital and labor skills is largely endogenous and ultimately induced by changes in TFP – and the focus is on developing a theory of TFP
In these studies, TFP is perceived as the driving force -- the accumulation of physical capital and labor skills is largelyendogenous and ultimately induced by changes in TFP – and the focus is on developing a theory of TFP