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In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10005187332
Total factor productivity growth (TFPG) has been traditionally associated with technological change. We show that when …
Persistent link: https://www.econbiz.de/10005621499
population density and limited off-farm employment opportunities, enhancing agriculture productivity is key for sustainable … largely determined by total factor productivity (TFP), which in turn is affected by macroeconomic policies and stability, and …
Persistent link: https://www.econbiz.de/10011260833
Empirical relationships between the rates of growth and total factor productivity growth, physical input accumulation … and recent developments in TFP measurement. Results suggest a positive evolution of the total factor productivity during … the studied period. This positive performance of the productivity of the agricultural sector was due to positive …
Persistent link: https://www.econbiz.de/10005836276
productivity growth and its cross-country differences, thus implying an important role (as yet unexplained) for the Solow Residual … or the Total Factor Productivity (TFP). However, the increased application of non-parametric methods in growth accounting … that the appropriate technology view is useful in explaining labour productivity growth and its cross-country differences …
Persistent link: https://www.econbiz.de/10011108972
measure the components in the growth accounting model such as capital services, labour inputs and Total Factor Productivity … Interior and West regions. Moreover, the contribution shares of physical capital in labour productivity have been declining for …
Persistent link: https://www.econbiz.de/10011112104
productivity and unit labor cost of twenty industries classified into three economic sectors of tradable goods, tradable services … and non-tradable services. The results show that Hong Kong’s total factor productivity has fallen in the 1990s. The …
Persistent link: https://www.econbiz.de/10009647432
This paper assesses the evolution of output and productivity in the Greek banking industry for the period 1990 … estimation of output and inputs and the estimation of productivity (partial and total factor) we relied on the index number … method (Tornqvist index). Additionally, we considered the effect of labor quality on banks’ productivity and using a growth …
Persistent link: https://www.econbiz.de/10009151580
By utilizing the conventional growth accounting framework, this study first estimates the Total Factor Productivity …
Persistent link: https://www.econbiz.de/10005789283
run growth rate? This paper attempts to answer this question by examining the determinants of total factor productivity …
Persistent link: https://www.econbiz.de/10008490073