Long-term growth in Malaysia: An application of endogenous neoclassical growth model
The neoclassical growth model shows that the growth of output is not determined by the saving rate, but it is constrained by the rate of growth of the labour force. Therefore, in order to increase the output growth higher than that of the labour productivity must be improved. This article attempts t...
| Main Author: | |
|---|---|
| Format: | Article |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
1999
|
| Online Access: | http://journalarticle.ukm.my/1359/ http://journalarticle.ukm.my/1359/ |