Measuring economic growth using production possibility frontier under Harrod neutrality
Economic growth occurs when an economy’s production at the full employment level increases. Increase in the production at the full employment level is shown by an outward shift of production possibility frontier (PPF). The aim of this study is to measure capacity growth of an economy by utilizing eq...
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Format: | Article |
Language: | English |
Published: |
SAGE Publishing
2018-04-01
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Series: | International Journal of Engineering Business Management |
Online Access: | https://doi.org/10.1177/1847979018768416 |