Sources of Economic Growth 2000-2007: Evidence from Kazakhstan

• Autorzy: Yergali Dosmagambet

Warianty tytułu

Źródła wzrostu gospodarczego 2000-2007: przykład Kazachstanu

• Języki publikacji: EN

Abstrakty

EN

The paper provides a new approach to growth accounting in a natural resource abundant transition economy. Non-renewable resources are specified as an "engine of growth" by the extended Hall and Jones production function. Nevertheless, there is not yet a common method for empirical measurement of the contribution of natural resource input to output growth. The evidence from Kazakhstan shows that total factor productivity (TFP) growth is most important if raw labor is used. But, if the high educational endowments of labor force are conducive to human capital augmentation, then physical capital stock becomes more significant than TFP. (original abstract)

Niniejszy artykuł przedstawia nowe podejście do rachunków narodowych w transformujących się gospodarkach bogatych w zasoby naturalne. Zasoby nieodnawialne są określone jako "motory wzrostu" poprzez rozszerzoną funkcję produkcji Hall'a i Jones'a. Nie mniej jednak nie wypracowano jak dotąd wspólnej metody empirycznego pomiaru, w jakim stopniu nakłady zasobów naturalnych przyczyniają się do wzrostu produkcji. Przykład Kazachstanu ukazuje, że wzrost łącznej produktywności czynników produkcji (ang.: total factor productivity - TFP) jest najbardziej istotny wówczas, gdy wykorzystuje się pracę prostą. Jeśli jednak siła robocza staje się coraz bardziej wykształcona, co powoduje rozwój kapitału ludzkiego, bardziej zaczyna się liczyć kapitał fizyczny aniżeli TFP. (abstrakt oryginalny)

Słowa kluczowe

EN

Economic growth; Natural resources; Non-renewable natural resources

PL

Wzrost gospodarczy; Zasoby naturalne; Zasoby naturalne nieodnawialne

• Czasopismo: Economic and Environmental Studies
• Rocznik: 2011
• Numer: nr 1
• Strony: 69--83

Twórcy

autor

Yergali Dosmagambet

• Nazarbayev University, Republic of Kazakhstan

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