the aim of this study is to investigate the share of total factor productivity growth (tfpg), labor force growth and physical capital growth on the value added growth of non-oil sector by applying the cob-douglass production function during the third, fourth and fifth development plans before the islamic revolution of iran (1342-1356), and during the first, second, third and forth economic, soc...

The contribution of the ‘new economy’ to economic growth in developing countries has so far been minimal. Despite the recent hype, the ‘old economy’ will for long be the fundamental force behind economic growth in transition economies. Nonetheless, in the longer run the ‘new economy’ offers great potential for faster economic growth in postsocialist economies. Realizing this potential is howeve...

The structure of the U.S. economy is analyzed to determine whether a shift has occurred from a service to an information economy. National Income Accounting concepts are reviewed to facilitate a critical comparison of the works of Machlup and Porat. Evidence about the future of an information economy is reviewed. It is concluded that the growth of the information economy will not continue at th...

Two previous CTAHR Economic Issues publications, EI-3 (Agriculture’s Contribution to Hawaii’s Economy—An Update) and EI-4 (The Linkages of Agri­ culture to Hawaii’s Economy) have examined agricul­ tural industries’ economic contribution and their link­ ages to the rest of Hawaii’s economy (see Notes, p. 11). The present publication examines the growth and sta­ bility of agricultural production ...

Based on the theory of growth mode in circulation economy, this article analyses current situation and problems of China’s commodity circulation. It describes the impact of improving the level of logistics management on changing the growth mode of circulation economy from the perspective of logistics time value, location value and circulation processing value. It brings forward that improving t...

The relative performance of open economies is analyzed in an endogenous growth model with asymmetric trade. A resource-rich country trades resource-based intermediates for final goods produced by a resource-poor economy. The effects of an increase in the resource endowment depend on the elasticity of substitution between resources and labor in intermediates’ production. Under substitution (comp...

This article constructs measures of multifactor productivity (MFP) for physicians' offices using a variation of the productivity methodology developed by the U.S. Bureau of Labor Statistics (BLS) for other industries. Two alternatives measures are presented and both yield positive gains in physicians' office MFP over the study period. These increases lie below MFP rates for the general economy ...