| Project/Area Number |
25380247
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Kobe University (2014-2015)
Institute of Developing Economies, Japan External Trade Organization (2013) |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Project Status |
Completed (Fiscal Year 2015)
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| Budget Amount *help |
¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2015: ¥130,000 (Direct Cost: ¥100,000、Indirect Cost: ¥30,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
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| Keywords | 全要素生産性 / モンテカルロ実験 / 開発途上国 / ＴＦＰ / 産業構造変化 / 生産関数 / 動学一般均衡 |
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| Outline of Final Research Achievements |
Economic growth can be decomposed into three main factors: 1) labor, 2) capital, and 3) total factor productivity (TFP). In particular, TFP is considered to be the engine of long-run economic growth. Several methods have been proposed for estimation of TFP. Then, which method can estimate true TFP more accurately? In this research, we shed light on this research question. Through Monte-Carlo experiment, we have attempted to address the question.
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