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The ratio definition of efficiency has the form of a productivity measure. But the weights are endogenous variables and … they do not function as weights in a productivity index proper. It is shown that extended Farrell measures of efficiency … can all be given an interpretation as productivity measures as observed productivity relative to productivity at the …
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In this paper the Stochastic Frontier approach was used for the estimation and decomposition of manufacturing TFP growth in 14 EU member countries, drawing upon the EU-KLEMS database. This study identifies some key issues: in the period 1970-2005, the TFP rate of change in the EU manufacturing...
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This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to … effect on growth. Technical progress is the main contributor to productivity growth and the scale effect has become important …
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The rapid growth of human population has impacted on global food security, development and health. Therefore, efforts to achieve the sustainable development goals of reducing poverty and hunger needs to particularly focus on the critical linkages between agriculture, nutrition, health and...
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