Mohnen, Pierre; Raa, Thijs Ten - Centre Interuniversitaire de Recherche en Analyse des … - 1999
The standard measure of productivity growth is the Solow residual. Its evaluation requires data on factor input shares … face value what is supposed to be measured. In this paper we determine total factor productivity growth without recourse to … level of domestic final demand. The consequent measure of total factor productivity is shown to encompass not only the Solow …