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ANGEL of Your HEART Summer Time :: Profile (6155 views)
Status: The Owner of my HEART.... - Comment »
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Sex /  Age

Male /  22

Birthday

October 23

Location

名古屋, Japan

Languages

French, Khmer, English, Japanese, Korean

About Me

僕はいつも楽しい人だ。それに、友好的な男である。最初は友達になるのはすごく大変ですけれども、仲がよくなってるうちで、僕は話しすぎるかな。。僕の一つの弱点は気短って言うこと。僕をもっと知りたいですか?コメントちょうだい。Iam always happy...and freindly to everybody..It is hard for me to break the ice at first. But once becoming freind, I talk so much. I am impatient. Wanna know me more? Comment please!

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For economic growth, we need 3 important factors - labor, capital and total factor productivity. In some countries, economic growth is strongly related to one factor rather than another. Among the three factors, according to past literature reviews, capital is a key for developing countries and TFP is sigificant for both developed and developing countries. Labor, of course, depends on the characteristics of each country.

I try to run the regression to see the impact of labor and capital for Cambodia from 1992 to 2006 by assuming away TFP. The result shows that capital plays more important role than labor in Cambodian case.

Capital Coefficient: 0.615*** (0.143)
Labor Coefficient: 0.156        (0.169)
Constant: 10.234**            (4.186)
Adjusted R-Square: 0.929
Dubin Watson Statistic: 1.254
Observations: 15

Notes: ***, ** denotes singificant level at 99% 95% respectively. Standard of error is in bracket. Natural logarithm has been used with all variables and dependent variable is lnGDP (1989 constant price.)

The two factors have positive sings as expected.
It seems from the result that GDP growth is highly related to capital (0.615) than to labor (0.156) This is because Cambodia is a labor-surplus and capital shortage economy. It is believed that the higher the investment, the higher the growth. Labor is not statistically singificant and less related with growth because there are many people unemployed in Cambodia, reflecting the over-supply capacity of labor in this country.

As a policy implication, government of Cambodia should invest more in every part of economy. In addition, government should encourage domestic investors as well as investors to speed up their investments by improving investment climate such as infrastructure, education, intellectual property right, and creation of linkage between foreign and domestic investors.

Labor is proxied by economically active population while capital is represented by gross domestic capital formation. Regressiong period is 1992 - 2006.

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Leave a comment for ANGEL of Your HEART Summer Time

Jul 20, 2008 9:01 AM
 
good night na ka



mizzzzzzzzzz
 
Jul 20, 2008 6:53 AM
 
oyasumi
 
Jul 19, 2008 4:21 AM
 
thank you so much
 
Jul 19, 2008 3:47 AM
 
Hiiiiz,cute frz^^

where u go?

dnt saw long time

so wats new?

have a nice time :)

tc n c ya

--Ging--
 
Jul 19, 2008 3:05 AM
 
คลิกๆๆ รูปสวยๆน่ารักๆไว้ส่งต่อเพียบ...
 
Jul 18, 2008 10:17 PM
 

 
Jul 18, 2008 6:41 PM
 
Moshi Moshi.
A II SHI TE REU.
miss
kisses
take care
Muahhhh!!!...
 
Jul 18, 2008 8:25 AM
BenZ says:
 
หายไปนานเลย
เอิ้วว
 
Jul 18, 2008 8:02 AM
 
 
Jul 18, 2008 6:51 AM
 
..จุ๊ฟ จุ๊ฟ...*-*
 
Jul 18, 2008 6:05 AM
 
คลิกๆๆ รูปสวยๆน่ารักๆไว้ส่งต่อเพียบ...
 
Jul 18, 2008 5:32 AM
 
หวาดดีจร้ากินข้าวละ











ถ้ายังมะกินบอกนะ




เดี๋ยวเอาไปส่งอะ










TC.....
 
Jul 18, 2008 4:53 AM
 
หวัดดีคราฟฟฟฟฟชื่อไรคราฟฟฟ ผมชื่อเพส ยินดีที่ได้รู้จักล่วงหน้าน่ะคราฟฟฟวิ้ววววไปแระ
 
Jul 18, 2008 4:41 AM
 
^^"

1 ในสมาชิกแก๊งค์ บิท แวะมาทักทายเพื่อน ครับบบ



เย็นแร้ววววววอย่าลืมทานข้าวด้วยหล่ะ


อิอิ



Tc"
 
Jul 18, 2008 3:10 AM
Alwee says:
 
Preah Vihear Temple belongs to Cambodia. It is historically and internationally known as one of the most precious Khmer temples. So, it is our rights to conclude it as a World Heritage. The Thai has no rights to reject. Please pass this to everyone on your list...Please do your part for our country...for Cambodia...! Based on thai TV, NBT, The main Thai opposition party said that"Preah Vihea Temple is not belong to our Cambodia, they also don't support our Cambodia to registered Preah Vihea Tample to world heritage and...etc."do you agreed with its talking?we lost enough to Siam(Thai),if you are Khmer!
 
Jul 18, 2008 12:16 AM
 
คลิกๆๆ รูปสวยๆน่ารักๆไว้ส่งต่อเพียบ.....
 
Jul 17, 2008 11:50 PM
 
ทานข้าวยังคับ
 
Jul 17, 2008 4:07 PM
ACER says:
 
มาทักทายตอนเช้าๆครับ.
 
Jul 17, 2008 10:02 AM
 
ดี ดี ดี คุณ.....

พอดีจะแวะมาถามว่า

วันนี้ไปทำบุญเวียนเทียนมารึยังคับบบบบบบ.....
 
Jul 17, 2008 10:02 AM
 
หวัดดีคับ

คัยง่าคับ หุๆๆๆๆ

งัยก้อ ยินดีที่ได้รู้จักนะคับบ

อย่าลืมแวะไปทักทาย ให้ five กานบ้างนะคับ

อ๋อ รักษาสุขภาพด้วยนะคับ

บายคับบ


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