Estimates of the long-run growth rate of Singapore with a CES production function

Sriram Shankar; B. Bhaskara Rao

doi:10.1080/13504851.2011.637889

Estimates of the long-run growth rate of Singapore with a CES production function

Sriram Shankar, B. Bhaskara Rao

Research output: Contribution to journal › Article › peer-review

4 Citations (Scopus)

Abstract

This article estimates using the Bayesian methods a Constant Elasticity of Substitution (CES) production function for Singapore for 1960-2009. It is found that the elasticity of substitution is 0.6, technical progress is labour augmenting and the Steady-State Growth Rate (SSGR) of Singapore is about 1.8%.

Original language	English
Pages (from-to)	1525-1530
Number of pages	26
Journal	Applied Economics Letters
Volume	19
Issue number	15
DOIs	https://doi.org/10.1080/13504851.2011.637889
Publication status	Published - 2012

Keywords

Bayesian methods
Singapore
economics
growth rates

Access to Document

10.1080/13504851.2011.637889

Cite this

@article{3bfb4d9300af4fa98b77f72427230542,

title = "Estimates of the long-run growth rate of Singapore with a CES production function",

abstract = "This article estimates using the Bayesian methods a Constant Elasticity of Substitution (CES) production function for Singapore for 1960-2009. It is found that the elasticity of substitution is 0.6, technical progress is labour augmenting and the Steady-State Growth Rate (SSGR) of Singapore is about 1.8%.",

keywords = "Bayesian methods, Singapore, economics, growth rates",

author = "Sriram Shankar and Rao, {B. Bhaskara}",

year = "2012",

doi = "10.1080/13504851.2011.637889",

language = "English",

volume = "19",

pages = "1525--1530",

journal = "Applied Economics Letters",

issn = "1350-4851",

publisher = "Routledge",

number = "15",

}

TY - JOUR

T1 - Estimates of the long-run growth rate of Singapore with a CES production function

AU - Shankar, Sriram

AU - Rao, B. Bhaskara

PY - 2012

Y1 - 2012

N2 - This article estimates using the Bayesian methods a Constant Elasticity of Substitution (CES) production function for Singapore for 1960-2009. It is found that the elasticity of substitution is 0.6, technical progress is labour augmenting and the Steady-State Growth Rate (SSGR) of Singapore is about 1.8%.

AB - This article estimates using the Bayesian methods a Constant Elasticity of Substitution (CES) production function for Singapore for 1960-2009. It is found that the elasticity of substitution is 0.6, technical progress is labour augmenting and the Steady-State Growth Rate (SSGR) of Singapore is about 1.8%.

KW - Bayesian methods

KW - Singapore

KW - economics

KW - growth rates

UR - http://handle.uws.edu.au:8081/1959.7/516925

U2 - 10.1080/13504851.2011.637889

DO - 10.1080/13504851.2011.637889

M3 - Article

SN - 1350-4851

VL - 19

SP - 1525

EP - 1530

JO - Applied Economics Letters

JF - Applied Economics Letters

IS - 15

ER -

Estimates of the long-run growth rate of Singapore with a CES production function

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this