Journal article
Money and growth in a sectoral production function framework
Applied Financial Economics, Vol.4(2), pp.133-142
1994
Abstract
An explicit three-sector (government, exports, and the 'rest') production function framework is adopted in an attempt to add to the existing evidence on the empirical determinants of economic growth. The model allows for the employment of three factors of production (capital, labour and money) in each sector. Using combined time-series and cross-section data from developed countries, the strongest conclusion to emerge is the positive relationship between the 'money' variable and the growth rate of real output.
Details
- Title
- Money and growth in a sectoral production function framework
- Authors
- William R J Alexander (Author) - University of the Sunshine Coast - Faculty of Science, Health, Education and Engineering
- Publication details
- Applied Financial Economics, Vol.4(2), pp.133-142
- Publisher
- Routledge
- Date published
- 1994
- DOI
- 10.1080/758523957
- ISSN
- 0960-3107
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99448791302621
- Output Type
- Journal article
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