This paper presents an inquiry into the sources and nature of economic growth in Kuwait during the period 1960-1975. In the course of the inquiry, we shall deal with questions such as:
(1) What are the main sources of growth in the Kuwaiti economy for the fifteen-year period?
(2) Were forces such technical progress and factor substitution significant growth determinants acting in concert with growth of capital and labor?
(3) Was technical progress neutral in the economy or was it biased towards uneven factor saving?
(4) How were the fruits of growth distributed among the factors of production?
We carry out our inquiry using an aggregate production function, with the hope that this approach would fill a gap that has existed in the quantitative macroeconomics of the Kuwaiti economy and shed some light on the technological aspects that have a bearing on the economy’s growth performance as the distribution of income between capital and labor.