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Productivity Growth of Indian Manufacturing Sector: Panel Estimation of Stochastic Production Frontier and Technical Inefficiency

Rath, Badri Narayan; Madheswaran, S. - Econometric Society - 2004

paper examines Total Factor Productivity (TFP) growth during 1979-80 to 1997-98. The analysis focuses on the trend of …-98 compared to 1980-81. TFP growth is mainly driven by technological progress not by technical efficiency change in case of Indian …

Persistent link: https://www.econbiz.de/10005342339

Productivity Growth of Indian Manufacturing Sector: Panel Estimation of Stochastic Production Frontier and Technical Inefficiency

Rath, Badri Narayan; Madheswaran, S. - Econometric Society - 2004

Persistent link: https://www.econbiz.de/10005702736

Discovering the Sources of TFP Growth: Occupation Choice, Capital Heterogeneity, and Financial Deepening

Townsend, Robert M.; Jeong, Hyeok - Econometric Society - 2004

The sources of "total factor productivity (TFP) growth" or the "Solow residual" typically remain unknown as a residual … develop a method of growth accounting that decomposes not only the overall growth but also the residual TFP growth into four …, we find that 55 percent of TFP growth can be explained on average by occupational shifts and financial deepening, without …

Persistent link: https://www.econbiz.de/10005702604

Firm Entry, Productivity Differentials and Turnovers in Import Substituting Markets: A study of the petrochemical industry in Colombia

Gutierrez, Luis; Pombo, Carlos - Econometric Society - 2004

This paper analyses plant entry, total factor productivity growth, average productivity level differentials and turnovers across Colombia's petrochemical industry for the 1974-1998 period. Results show that successful entrants shaped industry productivity and induced plant restructuring among...

Persistent link: https://www.econbiz.de/10005328914

The Productivity Debate of East Asia Revisited: A Stochastic Frontier Approach

Lee, Young Hoon; Kim, Sangho - Econometric Society - 2004

This paper applies a stochastic frontier production model to the data from Penn World Tableâ€™s 49 countries over the period 1965-1990, to decompose total factor productivity growth into technical change and technical efficiency change. Empirical results show East Asian countries led the...

Persistent link: https://www.econbiz.de/10005342321

Learning by Doing, Worker Turnover, and Productivity Dynamics

Chiang, Hyowook - Econometric Society - 2004

Recent evidence based on longitudinal firm-level data suggests that within-firm productivity growth explains about 50 percent of total factor productivity growth in the manufacturing sector while net entry effects account for about 30 percent of total factor productivity growth. These two forces...

Persistent link: https://www.econbiz.de/10005342355

"The Relationship between Exports and Productivity at the Plant level in the Turkish Apparel and Motor Vehicle Parts Industries

Yasar, Mahmut; Nelson, Carl H. - Econometric Society - 2004

We investigate the relationship between exports and productivity in the Turkish apparel and motor vehicle and parts industries from 1990-1996, using two different models for plant-level panel data. In the first model, we examine the effect of past export status on current productivity both with...

Persistent link: https://www.econbiz.de/10005702602

Labor Market Distortions, Employment and Growth: The Recent Chilean Experience

Bergoeing, Raphael; Morande, Felipe - Econometric Society - 2004

which factors are used, measured as total factor productivity (TFP), to explain the evolution of output in Chile during the … drop in output growth has not been a decline in TFP, but a severe fall in employment. Using a calibrated dynamic general … equilibrium model based on the neoclassical growth model, with fluctuations in factor inputs induced by changes in TFP and …

Persistent link: https://www.econbiz.de/10005699574

Culture as Organizational Capital in Economic Growth

Swanson, Charles E.; Diamantaras, Dimitrios - Econometric Society - 2004

Recent economic growth theory has suggested that wealth differences across nations must be due, at least in part, to the failure in many places to adopt existing production techniques. There are many potential reasons for the failure to adopt existing technology, including the political clout of...

Persistent link: https://www.econbiz.de/10005328939

A Welfare Analysis of Growth Models with Endogenous Innovation

Schworm, William - Econometric Society - 2004

In this paper, I study the welfare properties of growth models with endogenous innovation, knowledge externalities, and monopoly pricing of new goods. Since useful policy prescriptions cannot be inferred from a balanced growth analysis, welfare is analyzed for transition paths. I provide a...

Persistent link: https://www.econbiz.de/10005342146