Open AccessTEKNOLOGI DAN PERTUMBUHAN EKONOMI
Author(s) -
Eni Setyowati
Publication year - 2007
Publication title -
jurnal ekonomi pembangunan/jurnal ekonomi pembangunan
Language(s) - English
Resource type - Journals
eISSN - 2460-9331
pISSN - 1411-6081
DOI - 10.23917/jep.v2i2.3913
Subject(s) - competition (biology) , total factor productivity , productivity , capital (architecture) , solow residual , production (economics) , factors of production , economics , technical progress , industrial organization , business , economic growth , microeconomics , macroeconomics , growth accounting , geography , ecology , archaeology , biology
People efficiently aware that exploitation of development technology gives significant economy advantage. This such of awareness supports the development of competition in technology innovation and the competition of exploitation technology to reach bigger economy advantage. The economical impact of the exploitation of technology constitutes occurring of management and organization transition in various companies both of a capital intensive and labour intensive. The writer also analyses an opinion of neoclassic economist about advancement of technology. The empirical analysis points out that national production (Y) is not only caused by capital development (K) and the growth of employee (L), but also caused by the other factor, which at the beginning are considered as residual factor. It is called Total Factor Productivity (TFP).