total factor productivity
Output externalities on total factor productivity
... The intuition therefore extends that of the dynamic complementarities quantita- tively assessed in Cooper and Johri (1997) and supposed to represent the learning spillovers introduced in Durlauf (1991). While Cooper and ...
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Total Factor Productivity and the Role of Entrepreneurship
... adjusting total value added for the impact of the capital-labour ratio and the amount of human capital per unit of ...of total factor productivity than is used in the ‘augmented’ Solow ...of ...
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Green Taxation and Total Factor Productivity
... After that, it will hinder the improvement of the company’s production efficien- cy. The purpose of the government’s environmental regulation policy is to im- prove the ecological environment, reduce pollution generated ...
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Determinants of Total Factor Productivity in Pakistan
... of productivity in accelerating the pace of economic growth is well recognized in economic ...of productivity or efficiency. Thus, for a given combination of factor inputs (capital, land and labor), ...
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A Total Factor Productivity Toolbox for MATLAB
... The Total Factor Productivity Toolbox introduces a set of functions, covering a wide range of TFP indices, and reports numerical results using a common example to ease comparability and to illustrate ...
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Total factor productivity and the role of entrepreneurship
... labor productivity per person employed (Dowrick and Rogers 2002; Frantzen 2000) or GDP per capita (Engelbrecht 1997; Fagerberg and Verspagen ...labor productivity and total factor ...
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Total factor productivity and the role of entrepreneurship
... t-1) - ln(TFP t-1 * )). The fitted values of the estimated long-run relationships represent the long-run equilibrium values of ln(TFP) within the error correction specification. Coefficient β shows the direct translation ...
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Financial crises and total factor productivity
... Abstract Total factor productivity (TFP) falls markedly during financial crises, as we doc- ument with recent evidence from Mexico and ...endogenous factor utilization, we find that capital ...
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TOTAL FACTOR PRODUCTIVITY AND ECONOMIC GROWTH
... Mehmet ADAK * ABSTRACT The causality between TFP (Total Factor Productivity) and economic growth will be analyzed in this paper. The analysis is covering the years between 1987 and 2007. Firstly, TFP ...
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Total factor productivity and the measurement of neutral technology
... JEL Codes: E22, E23, E32, O41, O47. Keywords: total factor productivity, neutral technology, investment-specific technology, sources of growth. March 2020. Banque centrale du Luxembourg, D´epartement ...
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Measuring total factor productivity for the United Kingdom
... There are, however, a number of well known issues related to the measurement of the factor inputs that we need to correct for. This article shows that these improvements in measurement could have a material impact ...
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Alternative Measures of Total Factor Productivity Growth
... real productivity growth rates of the various fac- ...real productivity growth rates. This representation imputes productivity growth to the various factors of production and thus justi…es the name ...
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Relation between Total Factor Productivity and Utility
... the total factor productivity measurement theory developed by the authors to measure the impact of technical progress on changes in the production value of Japan’s forestry ...
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Inflation, Investment Composition and Total Factor Productivity
... and total factor productivity (TFP), both at business cycle frequency and over longer ...exogenous productivity process and a quantity relation between money, output and prices, it is the case ...
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Industry Competition and Total Factor Productivity Growth
... The impact of mergers upon total factor productivity growth is rightly a topic for consideration. Merger participants routinely claim that mergers will result in welfare improving efficiency gains. ...
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Total Factor Productivity in Andhra Pradesh Agriculture
... of total factor productivity in the crop sector, foodgrain crops and non-foodgrain crops in Andhra Pradesh have been studied, and the contribution of the total factor ...
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Macroeconomic Determinants of Saudi Total Factor Productivity
... on productivity performance based on partial measures, such as output per person employed or per hour worked, and multi-factor productivity measures based on the concept of total factor ...
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Total Factor Productivity of Commercial Banks in Thailand
... Total factor productivity (TFP) is generally defined as a measure of the overall effectiveness with which the economy uses capital and labor to produce output (Bernanke et ...by productivity ...
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Macro Determinants of Total Factor Productivity in Pakistan
... This study attempts to establish the macro determinants of total factor productivity (TFP) in Pakistan. The determinants are identified on the basis of a simple regression approach. The results of ...
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Technology diffusion and total factor productivity growth
... country's total factor productivity not only depends on domestic R&D but also on foreign R&D ...economy's productivity is increasing in the extent to which it imports from high R&D ...
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