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awen · 2023年08月21日

我没用那个权重计算

NO.PZ2022122601000047

问题如下:

Andrew Reed is a market strategist with a U.S.-based asset management firm. He is currently evaluating several emerging market economies in order to identify undervalued markets.

Reed uses the Cobb-Douglas production function (under the assumption of constant returns to scale) to estimate the long-term growth in real GDP for the country of Westria. Exhibit 1 summarizes the projections that Reed has gathered for Westria.

Calculate the projected annual growth in real GDP for Westria using the Cobb-Douglas production function and the information in Exhibit 1. Show your calculations.



选项:

解释:

中文解析:

柯布-道格拉斯生产函数的基本形式为:Y = AK^α(L^β)
在规模报酬不变的假设下,劳动的产出弹性=(1 -资本的产出弹性)或β = (1 - α)。
实际经济产出(GDP)百分比变化的近似值如下:

实际国内生产总值的估计变动为5.9%,计算方法如下:

什么时候需要加权重,Output elasticity of capital=0.7


我计算的是直接用=Growth in labor input+Growth in labor productivity=2.5%+6.8%=9.3%

Growth in labor input已知,需要计算 labor productivity.

Growth in labor productivity=Growth in total factor productivity+Growth in capital inputs=1.3%+5.5%=6.8%(带入上面)

其中,Growth in capital stock(就是那个Growth in capital inputs)


1 个答案
已采纳答案

笛子_品职助教 · 2023年08月22日

嗨,从没放弃的小努力你好:


什么时候需要加权重,Output elasticity of capital=0.7

Hello,亲爱的同学~

当给出资本的系数的时候,就需要加权重。

因为生产函数里有这个权重


在已经给出了权重的时候,我们不能用:

Growth in labor productivity=Growth in total factor productivity+Growth in capital inputs=1.3%+5.5%=6.8%

来计算。



----------------------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!

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