Table 7. Contributions to economic... | Emerald Publishing

Table 7.

Contributions to economic growth over subperiods (percentage points)

Variable	Accumulated growth	Estimated coefficient	Contribution
A) 1964–1973
Physical capital	4.436	−0.056	−0.247
Labour	0.889	1.944	1.728
Human capital	8.803	0.178	1.568
Foreign capital	17.901	0.157	2.812
Total	–	–	5.862
B) 1974–1983
Physical capital	3.428	−0.043	−0.148
Labour	−1.232	−0.009	0.011
Human capital	5.697	0.282	1.609
Foreign capital	1.509	−0.093	−0.140
Total	–	–	1.331
C) 1984–2013
Physical capital	2.597	0.126	0.328
Labour	1.382	0.162	0.224
Human capital	4.715	0.337	1.590
Foreign capital	10.358	0.016	0.163
Total	–	–	2.304

Variable	Accumulated growth	Estimated coefficient	Contribution
A) 1964–1973
Physical capital	4.436	−0.056	−0.247
Labour	0.889	1.944	1.728
Human capital	8.803	0.178	1.568
Foreign capital	17.901	0.157	2.812
Total	–	–	5.862
B) 1974–1983
Physical capital	3.428	−0.043	−0.148
Labour	−1.232	−0.009	0.011
Human capital	5.697	0.282	1.609
Foreign capital	1.509	−0.093	−0.140
Total	–	–	1.331
C) 1984–2013
Physical capital	2.597	0.126	0.328
Labour	1.382	0.162	0.224
Human capital	4.715	0.337	1.590
Foreign capital	10.358	0.016	0.163
Total	–	–	2.304

Note:

The actual accumulated growth rates of Y over each subperiod are 5.788, 1.231 and 2.275, respectively

Source: Own elaboration