A New Proposal to Model the Relationships between Total Factor Productivity, Institutions and Accumulation

In this paper, we discuss the relationship between Total Factor Productivity (TFP), accumulation and institutions. In order to show these connections, a new model is presented that is able to shed some light on the links involving this multi-dimensional relationship, which goes from countries’ quali...

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Bibliographic Details
Main Authors: Vito Pipitone, Luciano Seta
Format: Article
Language:English
Published: EconJournals 2017-12-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/32006/353560?publisher=http-www-cag-edu-tr-ilhan-ozturk