I am currently working on a paper which looks at the effect technology
has on production (Country Wide Data from OECD). When constructing my
production function can I use the GDP of a country as a dependent
variable? Should a different dependent variable be used? When looking
at the GDP data from the OECD located at
http://stats.oecd.org/wbos/default.aspx?datasetcode=SNA_TABLE1
there
are varying degrees of GDP given, output and expenditure approach.
Which would be a better indicator?
Thank you for any information that can be provided...
I am happy to share my data with anyone if they are interested
Shane
