The Public and Private Marginal Product of Capital
نویسندگان
چکیده
منابع مشابه
The Marginal Product of Capital∗
Whether or not the marginal product of capital (MPK) differs across countries is a question that keeps coming up in discussions of comparative economic development and patterns of capital flows. Using easily accessible macroeconomic data we find that MPKs are remarkably similar across countries. Hence, there is no prima facie support for the view that international credit frictions play a major...
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ژورنال
عنوان ژورنال: Economica
سال: 2018
ISSN: 0013-0427
DOI: 10.1111/ecca.12268