Construct · 1 fields · 1 citations

Hulten's theorem: a standalone construct

One name. One construct. A landmark on the map.

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Economic growth

the result that an industry's productivity shock affects aggregate output in proportion to its sales share of GDP.

In economic growth, Hulten's theorem refers to the result that an industry's productivity shock affects aggregate output in proportion to its sales share of GDP. This meaning comes from Hulten (1978) in The Review of Economic Studies.[1]

Unit
Recovery means
Measured by

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Nearby constructs

aggregate3 fields · 6 citationsjingle · one word, three constructs growth4 fields · 4 citationsjingle · one word, four constructs industry1 fields · 1 citationsanchor · a standalone construct

References

Hulten, C. R. (1978). Growth Accounting with Intermediate Inputs. The Review of Economic Studies, 45(3), 511-518. https://doi.org/10.2307/2297252

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