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yuqijeffery · 2020年09月03日

问一道题:NO.PZ2016010802000114

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 intercept (1.5) in this equation is best interpreted as:

选项:

A.

the long-run sustainable growth rate.

B.

the growth rate of total factor productivity.

C.

above trend historical growth that is unlikely to be sustained.

解释:

B is correct.

The estimated equation is the standard Solow growth accounting equation. The intercept is the growth rate of total factor productivity.

考点:TFP

解析:本题直接考察TFP的表达形式,它的增长在公式中表示为方程的截距项。

请问1.5反应的是技术水平的话 为什么选B?

1 个答案

丹丹_品职答疑助手 · 2020年09月04日

嗨,爱思考的PZer你好:


同学你好,1.5是total factor productivity 全要素生产率,

公式参见


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