2013年4月25日
Revisit of the Soviet Macroeconomic Efficiency: An Estimation of a Normalized CES Production Function with Bayesian Statistical Method
The Pacific Rim Economies: Institutions, Transition and Development
- 記述言語
- 英語
- 会議種別
- 口頭発表（一般）
- 主催者
- ACES, EACES, JACES, KACES
- 開催地
- ソウル大学，韓国
- 国・地域
- 大韓民国
The cause of the slow-down of the Soviet economic growth was not the slow-down of the technical progress, but the limit of the extensive growth: the capital stock grew too fast disproportionally to labor. The low-elasticity of substitution worsen the situation.