Kuwait-University-Journal-of-Law-header
Search
Journal of Law

Previous Issues

Advance Search
Year : From To Vol
Issue Discipline:
Author

Volume :8 Issue : 3 1980      Add To Cart                                                                    Download

Growth and Distribution in the Kuwaiti Economy 1960-1975: A Production Function Approach

Auther : S.Al-Qudsi

This paper presents an inquiry into the sources and nature of economic growth in Kuwait during the period 1960-1975. In the course of the inquiry, we shall deal with questions such as:

(1)    What are the main sources of growth in the Kuwaiti economy for the fifteen-year period?

(2)    Were forces such technical progress and factor substitution significant growth determinants acting in concert with growth of capital and labor?

(3)    Was technical progress neutral in the economy or was it biased towards uneven factor saving?

(4)    How were the fruits of growth distributed among the factors of production?

We carry out our inquiry using an aggregate production function, with the hope that this approach would fill a gap that has existed in the quantitative macroeconomics of the Kuwaiti economy and shed some light on the technological aspects that have a bearing on the economy’s growth performance as the distribution of income between capital and labor.

 

Journal of Law
Journal of Law

You are Visitor No.

79785

Journal of Law
Journal of Law
Tell your friendsJournal of Law
Journal of Law

Last Updated

Nov 28, 2019

Journal of Law
Journal of Law
Journal of Law

Please enter your email Here to receive our news

Journal of Law