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Total Factor Productivity, Saving Rate and Learning-by ...

Total Factor productivity , Saving Rate andLearning-by-Doing in Growth ProcessCuong Le Van ,Tu-Anh NguyenyMarch 19, 2009 AbstractIn transitional stage Saving rate play an important role in outputgrowth rate as proposed by Krugman. Accumulationists are also rightas claiming that Learning-by -doing play an important role in TFP growthin NIEs. However, using a CES production technology we can show thatthe growth model based purely on Learning-by -doing is constrained by la-bor growth rate. If the latter is constant in the long-run, then the growthcan not be :Optimal growth model, Learning-by -doing, Saving rate, De-veloping Classi cation:D51, E13, E211 IntroductionThe roles of capital accumulation and technological progress in economic growthare not new stories in the literature.

Total Factor Productivity, Saving Rate and Learning-by-Doing in Growth Process Cuong Le Van, Tu-Anh Nguyeny March 19, 2009 Abstract In transitional stage saving rate play an important role in output

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