Engineering
2 years ago

New Study Reveals Moroccan Economy's Total Factor Productivity Challenges

Journal of Economics Finance and Management Studies
A Contribution to the Empirics of Total Factor Productivity’s Theory Based on a CES Production Function-Case of Moroccan Economy
Ahmed Oulad El Fakir

Paper Summary

The article explores how to estimate total factor productivity in the Moroccan economy using a CES production function, which is different from the usual Cobb-Douglas function. The researchers aim to test if growth theory propositions hold true for all types of production functions.

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