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Young (1995) estimated Total Factor Productivity (TFP) growth for Hong Kong, Taiwan, Singapore and South Korea. He … mainly to fast increase of inputs. Young (2000) also estimated the TFP growth rate of China to be 1.4% per year during the … real GDP, capital stock, and labor force for 30 provinces for 1978 to 1998 to estimate the TFP for the Chinese economy. Two …
Persistent link: https://www.econbiz.de/10005062403
GDP per capita or total factor productivity (TFP). TFP is typically computed using growth accounting (i.e., calibrating a … the trend is linear deterministic or stochastic. It is equally important to measure the trend and TFP growth when there is … the standard errors of factor shares are quite large. Thus, even when we account for structural change, TFP estimate …
Persistent link: https://www.econbiz.de/10005556741
It is assumed that performance of production system can be described with the three variables: amount of production equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function can be specified as the known Cobb- Douglas production...
Persistent link: https://www.econbiz.de/10005134973
We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the … accompanied by informal research. We find that radical innovations are the only significant contributors to TFP growth so that … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …
Persistent link: https://www.econbiz.de/10005407643
of farm (assuming no specific production functions) are identified using DEA techniques. We then address the relationship …
Persistent link: https://www.econbiz.de/10005124877
In addition to providing direct patient care, some hospitals also are used as training grounds for medical students and physicians-in-training (medical residents). Because of these additional responsibilities, total costs are higher in teaching hospitals than their non-teaching counterparts. In...
Persistent link: https://www.econbiz.de/10005413018
This paper investigates efficiency using data envelopment analysis (DEA) and productivity growth using Malmquist index … and loans and other earning assets as output in the DEA analysis we observe no significant growth in productivity during … compared to managerial efficiency. In general, smaller banks are less efficient and highly DEA-efficient banks have a high …
Persistent link: https://www.econbiz.de/10005561554
Input-Output models of various types of prices. Prices are derived as characteristic vectors of certain kinds of matrices and price parameters as their characteristic roots. The most general are the three-channel prices that are characteristic vectors of the linear combination of matrices of the...
Persistent link: https://www.econbiz.de/10005134963
This paper reports about experimental calculations of basic types of prices in Czechoslovakia. The calculated prices based on the Input- Output model of the economy were 1)Cost prices, 2)Labor-value prices, 3)Production prices, 4) Income prices. The paper contains theoretical formulation of the...
Persistent link: https://www.econbiz.de/10005556015
CALPAN is a set of DOS programs for microcomputers, designed to calculate accounting price ratios using input-output techniques. It also serves to calculate domestic resource costs of foreign exchange and other useful preprogrammed operations, as well as to perform arithmetic operations with...
Persistent link: https://www.econbiz.de/10005556949