Source of economic growth in Libya (1970-2014) : a case of oil-based economy
Other Title(s)
مصادر النمو في الاقتصاد الليبي (1970-2014) : حالة الاقتصاديات النفطية
Author
Source
Journal of Advanced Economic Research
Issue
Vol. 2016, Issue 1 (31 Dec. 2016), pp.105-137, 33 p.
Publisher
University of Eloued Faculty of Economics Commercial and Management Sciences
Publication Date
2016-12-31
Country of Publication
Algeria
No. of Pages
33
Main Subjects
Abstract EN
Economic growth in Libya during 1970 to 2014 can be explained more by capital accumulation rather than labour or TFP.
TFP contribution to growth was insignificant.
A lower share of labour in GDP means that it was also less important than capital in determining the growth rate of Libya.
Human capital also has no significant effect on economic process; decline in its productivity was observed despite some progress in in education and health services over the period of interest.
Such declining productivity is an unsolved question not only in Libyan economy, but also in other oil-based MENA countries with similar features.
American Psychological Association (APA)
Tallubah, Abd al-Latif Isa. 2016. Source of economic growth in Libya (1970-2014) : a case of oil-based economy. Journal of Advanced Economic Research،Vol. 2016, no. 1, pp.105-137.
https://search.emarefa.net/detail/BIM-944701
Modern Language Association (MLA)
Tallubah, Abd al-Latif Isa. Source of economic growth in Libya (1970-2014) : a case of oil-based economy. Journal of Advanced Economic Research No. 1 (Dec. 2016), pp.105-137.
https://search.emarefa.net/detail/BIM-944701
American Medical Association (AMA)
Tallubah, Abd al-Latif Isa. Source of economic growth in Libya (1970-2014) : a case of oil-based economy. Journal of Advanced Economic Research. 2016. Vol. 2016, no. 1, pp.105-137.
https://search.emarefa.net/detail/BIM-944701
Data Type
Journal Articles
Language
English
Notes
Includes margin notes.
Record ID
BIM-944701
