Capital accumulation, capital-output ratios and total factor productivity in Singapore
Capital, together with labor, land and technology, are the key factors of production.Various growth theories relate the growth of capital to the growth of output. In Rostow’s growth model, an increase of investment rate to 10% or more is necessary before growth can gather enough momentum to take...
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Format: | Book Chapter |
Language: | English |
Published: |
World Scientific
2015
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Online Access: | https://hdl.handle.net/10356/105406 http://hdl.handle.net/10220/26225 |
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Institution: | Nanyang Technological University |
Language: | English |