The Relationship Between Total Factor Productivity and U.S. Gross Domestic Product Performance
by
John J. Wetter
Language: English
Release Date: November 3, 2010
The research underlying this volume was designed to test the theory of Total Factor Productivity (TFP) in contemporary context. Developed by Nobel Prize-winning economist, Robert Solow, in the 1950s, TFP has been applied by many economists to investigate the relationships among capital, labor, and...