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Details for article 3 of 15 found articles
| Title: |
Business output and business experience — Evidence from China's nongovernmental businesses |
| Author: |
Su, Liangjun |
| Appeared in: |
Applied economics letters |
| Paging: | Volume 14 (2007) nr. 3 pages 227-231 |
| Year: |
2007-02 |
| Contents: |
We study the application of the Solow growth model in China's non-governmental businesses and propose a reasonable modification for it. Our analysis indicates that business experience is closely tied to the output of China's non-governmental businesses. Our major findings include: (1) the business experience has little overall impact on the elasticity of output with respect to labour; (2) the business experience has a large impact on the elasticity of output with respect to capital and the elasticity increases as the business experience increases; (3) the adjusted Solow residual that reflects technological progress exhibits a negative relationship with the business experience, indicating that a newly established business tends to have higher technology content than others. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 3 of 15 found articles
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