Productivity Growth and Public Sector Employment

Our model endogenizes the share of public sector employment in a neoclassical growth model. Under the assumptions that public sector production is labor intensive and the elasticity of substitution between capital and labor is less than one, the public share of employment is shown to decline with a...

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Bibliographic Details
Main Authors: HO, Kong Weng, HOON, Hian Teck
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1998
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Online Access:https://ink.library.smu.edu.sg/soe_research/1653
https://ink.library.smu.edu.sg/context/soe_research/article/2652/viewcontent/ProductivityGrowth_PublicSector_1998_pv.pdf
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Institution: Singapore Management University
Language: English

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