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🌊Yuri🌊 · 2023年06月30日

提问

NO.PZ2016010802000115

问题如下:

An economic forecasting firm has estimated the following equation from historical data based on the neoclassical growth model:

Potential output growth = 1.5 + 0.72 × Growth of labor + 0.28 × Growth of capital

The coefficient on the growth rate of labor (0.72) in this equation is best interpreted as:

选项:

A.

the labor force participation rate.

B.

the marginal productivity of labor.

C.

the share of income earned by labor.

解释:

C is correct.

In the standard Solow growth accounting equation, the coefficient on each factors growth rate is its share of income.

考点:柯布道格拉斯函数的变形表达式

解析:本题直接考察1-α的定义,它代表劳动力对于总收入(总产出)的贡献占比。

啥意思呢0.72

1 个答案

笛子_品职助教 · 2023年06月30日

嗨,从没放弃的小努力你好:


啥意思呢0.72

Hello,亲爱的同学~


Potential output growth = 1.5 + 0.72 × Growth of labor + 0.28 × Growth of capital,就对应于:


中的WL



WL在基础讲义178页的解释是:shares of labor in national income。劳动在GDP中的份额占比。


因此选C,the share of income earned by labor.

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