Series: IMF Working Papers
Author(s): Francisco Nadal De Simone , and Luc Everaert
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2003
Keywords: Capital stock utilization, labor organization, tfp, cointegration, economic growth, measurement error, Macroeconomics: Consumption, Saving, Production, Employment
Data on the weekly operating time of capital improve the measurement of effective capital input in production. The production function of the French business sector is found to be consistent with a Cobb-Douglas tec...