Compare two economies, one with mature infrastructure and one still developing. Determine how much of their GDP difference comes from having more capital, labor, and infrastructure versus being more efficient in using them?
Given two economies with different capital and infrastructure stages, what portion of their GDP difference is due to input quantities (capital, labor, infrastructure) and what portion is due to productivity (efficiency of using those inputs)?
byu/Accomplished_Olive99 inAskEconomics
Posted by Accomplished_Olive99