摘要:This study investigates the relationship between capital stock and total factors productivity in Khorasan Razavi Province of Iran during 2003 to 2007. In this study, a brief definition and literature of productivity is assessed and the theoretical principles of productivity in domestic and foreign studies will be mentioned. The hypothesis of this study will be analyzed and tested with econometric models in form of Cobb-Douglas production function and integrated data. The obtained results showed that there is a positive and meaningful relationship between the increase of capital stock and the increase of total factors productivity during the mentioned period.
关键词:Partial productivity; total factors productivity; capital stock; industrial groups