Evaluation of the Impact of Exhaustible Energy Resources on Factor Productivity, M.Sc. Thesis Sharif University of Technology ; Saboohi, Yadollah (Supervisor)
Abstract
Economics is the science of using scarce resources, which helps to identify the optimal use of economic resources. Enhancement of productivity leads more efficient use of resources in economics sectors. Identification of ways and means of improving productivity is an important policy issue which requires an analysis of the effects of determinants of productivity. In the present research work, Total Factor Productivity (TFP) has been econometrically estimated; based on production function theory. Application of this concept indicates that the elasticities of total value-added (i.e. GDP minus oil rents) with respect to physical capital and labor are 0.8 and 0.2 respectively. It is further...
Cataloging briefEvaluation of the Impact of Exhaustible Energy Resources on Factor Productivity, M.Sc. Thesis Sharif University of Technology ; Saboohi, Yadollah (Supervisor)
Abstract
Economics is the science of using scarce resources, which helps to identify the optimal use of economic resources. Enhancement of productivity leads more efficient use of resources in economics sectors. Identification of ways and means of improving productivity is an important policy issue which requires an analysis of the effects of determinants of productivity. In the present research work, Total Factor Productivity (TFP) has been econometrically estimated; based on production function theory. Application of this concept indicates that the elasticities of total value-added (i.e. GDP minus oil rents) with respect to physical capital and labor are 0.8 and 0.2 respectively. It is further...
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