New Estimates of Factor Income Shares in Central Asian Economies

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dc.contributor.authorThampapillai, Dodo J.
dc.contributor.authorChen, Yvonne Jie
dc.contributor.authorBacani, Christopher Ivo
dc.contributor.authorBaris, Omer
dc.date.accessioned2017-01-05T10:46:04Z
dc.date.available2017-01-05T10:46:04Z
dc.date.issued2016
dc.description.abstractThis paper illustrates a simple method to derive the income accounts in the context of limited macroeconomic data. The method is relevant for several developing countries where the statements on income are clearly absent and the national accounts are confined to statements on expenditure and/or value added. Furthermore, the method is illustrated for four Central Asian economies, namely Kazakhstan, Mongolia, Kyrgyzstan and Uzbekistan. A Cobb-Douglas factor utilisation function is then used to estimate factor income shares and the relative contributions of factors to economic growth. The analysis reveals limited contribution of labour to economic growth in these economies. This limitation appears to be strongest in the resource dependent economies of Kazakhstan and Mongolia.ru_RU
dc.identifier.citationThampapillai, D. J., Chen, Y. J., Bacani, C. I., & Baris, O. (2016). New Estimates of Factor Income Shares in Central Asian Economies. Economic Papers, 35(3), 282-291. DOI: 10.1111/1759-3441.12140ru_RU
dc.identifier.urihttp://nur.nu.edu.kz/handle/123456789/2149
dc.language.isoenru_RU
dc.publisherEconomic Papersru_RU
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/us/*
dc.subjectCentral Asiaru_RU
dc.subjectfactor-utilisationru_RU
dc.subjectincome accountsru_RU
dc.subjectexpenditure accountsru_RU
dc.titleNew Estimates of Factor Income Shares in Central Asian Economiesru_RU
dc.typeArticleru_RU

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