This paper deals with the design of quantitative exercises relating objectives for the growth of national income over the medium term to key macroeconomic policy variables. It focuses on the roles of capital formation, saving, and total factor productivity in the process of economic growth and exami...
|a Washington, D.C. :
|b International Monetary Fund,
|c 1988.
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|a 1 online resource (32 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper deals with the design of quantitative exercises relating objectives for the growth of national income over the medium term to key macroeconomic policy variables. It focuses on the roles of capital formation, saving, and total factor productivity in the process of economic growth and examines the main conceptual and empirical problems involved in accounting for the growth of national income, dealing explicitly with the cost of borrowing from abroad. The paper examines the link, between fiscal and structural policies and the growth of productive capacity through the effect of those policies on productivity, saving and the cost of capital.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1988/065
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1988/065/001.1988.issue-065-en.xml
|z IMF e-Library