How Long to Read On the Substitution of Private and Public Capital in Production
By Zidong An
How Long Does it Take to Read On the Substitution of Private and Public Capital in Production?
It takes the average reader and 34 minutes to read On the Substitution of Private and Public Capital in Production by Zidong An
Assuming a reading speed of 250 words per minute. Learn more
Description
Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by estimating a nested-CES production function whereas the two types of capital are considered separately along with labor as inputs. The estimation is based on our newly developed dataset on public and private capital stocks for 151 countries over a period of 1960-2014 consistent with Penn World Table version 9....
How long is On the Substitution of Private and Public Capital in Production?
On the Substitution of Private and Public Capital in Production by Zidong An is 34 pages long, and a total of 8,636 words.
This makes it 11% the length of the average book. It also has 11% more words than the average book.
How Long Does it Take to Read On the Substitution of Private and Public Capital in Production Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 47 minutes to read On the Substitution of Private and Public Capital in Production aloud.
What Reading Level is On the Substitution of Private and Public Capital in Production?
On the Substitution of Private and Public Capital in Production is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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