Growth, capital shares, and a new perspective on production functions
By Charles I. Jones. 2003
137 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/921a923764d7faf2a7fe9cb61ac513fcfb7d5121
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Peter Mcadam
- Alpo Willman
- Loukas Karabarbounis
- R. Klump
- Alfonso Arpaia
- Brent Neiman
- Charles I. Jones
- Esther Pérez
Citations in the corpus
- Understanding labour income share dynamics in Europe (2009, background): “Two such studies focussing on a large number of countries include Harrison (2003) and Jones (2003).”
- Getting Normalization Right: Dealing with ‘Dimensional Constants’ in Macroeconomics (2012, unknown): “…However while the assumption of constant factor shares might be reasonable in growth models, it has been shown that (see for example Blanchard (1997), Jones (2003, 2005), McAdam and Willman (2011) and Rı́os Rull and Santeulália-Llopis (2010)) such shares do fluctuate at business cycle frequencies.”
- The Normalized CES Production Function: Theory and Empirics (2011, unknown): “(2007a,b) define it in terms of long-run averages, and Jones (2003) in terms of appropriate values.”
- Explaining Movements in the Labor Share (2003, background): “For the non-constancy of the labor share see also Jones (2003).”
- The Facts of Economic Growth (2015, background): “Jones (2003) noted the presence of large trends, both positive and negative, in the 35 industry (2-digit) breakdown of data in the United States from Dale Jorgenson.”
- The Global Decline of the Labor Share (2014, background): “As discussed in Barro and Sala-i-Martin (1995) and Jones (2003), a balanced growth path with nonzero factor shares will only emerge if technology growth is labor-augmenting, regardless of the production function, or if the production function is Cobb-Douglas, even if technology growth is…”
- Factor Substitution and Factor Augmenting Technical Progress in the Us: A Normalized Supply-Side System Approach (2004, background): “Seeing no evidence for a fading away of capital augmenting technical change, Jones (2003) defends the view that the longterm production function is Cobb-Douglas.”