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@inproceedings{591005,
author = {Hloušek, Miroslav},
address = {Trenčín},
booktitle = {Trendy hospodárskeho a sociálneho rozvoja v krajinách EÚ},
keywords = {growth accounting; Cobb-Douglas production function; Solow residual; technology progress},
language = {eng},
location = {Trenčín},
isbn = {80-8075-094-7},
pages = {35-41},
publisher = {Trenčianska univerzita Alexandra Dubčeka v Trenčíně},
title = {Growth accounting - application for Visegrad states},
year = {2005}
}
TY - JOUR
ID - 591005
AU - Hloušek, Miroslav
PY - 2005
TI - Growth accounting - application for Visegrad states
PB - Trenčianska univerzita Alexandra Dubčeka v Trenčíně
CY - Trenčín
SN - 8080750947
KW - growth accounting
KW - Cobb-Douglas production function
KW - Solow residual
KW - technology progress
N2 - This paper deals with growth accounting, i.e. decomposition of the growth rate of output into contribution of individual inputs: labor and capital. The rest part of the growth rate of output represents contribution of technology progress and is calculated as residual (often called Solow residual or total factor productivity). The whole method is theoretically explained. Because of unavailability of some data, a practical application is little restricted. It is applied for Visegrad countries and Germany, for comparison. The results are graphically illustrated and discussed. Limitations of the analysis are summarized in the end.
ER -
HLOUŠEK, Miroslav. Growth accounting - application for Visegrad states. In \textit{Trendy hospodárskeho a sociálneho rozvoja v krajinách EÚ}. Trenčín: Trenčianska univerzita Alexandra Dubčeka v Trenčíně, 2005, p.~35-41. ISBN~80-8075-094-7.
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