Real Money Balances in the Production Function of a Developing Country

Ashfaque H. Khan · Mushtaq Ahmad

31 citations0/0 files storedThe Review of Economics and Statistics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

Real money balances as a factor input in the production function of the large-scale manufacturing sector in Pakistan has been examined in a multi-equation framework. Besides labor and capital, real money balances turned out to be an important factor of production. Our results are in accordance with the pioneering work of Sinai and Stokes in this area.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 31 citations exist upstream.

References

1959The Demand for Money: Some Theoretical and Empirical Results 1970Some Approaches to the Theory and Measurement of Total Factor Productivity: A Survey 1963National Income and the Price Level 1972The Role of Money in a Simple Growth Model: Reply 1972Real Money Balances: An Omitted Variable from the Production Function?1979A New Look at Real Money Balances as a Variable in the Production Function 1975Real Money Balances as a Variable in the Production Function 1975Money in the Production Function: An Interpretation of Empirical Results

Cited by

2002Human capital and financial development in economic growth: new evidence using the translog production function 2013The Effects of Tax Incentives on Firm Performance: Evidence from Uganda 2016Bank lending to small business in India: Analyzing productivity and efficiency 2014Money in the production function: A New Keynesian DSGE perspective 2002Real money balances and production efficiency: a panel-data stochastic production frontier study

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.