A considerable literature has focused on the determinants of total factor productivity (TFP), prompted by the empirical … representative consumer is summarized by current and anticipated future Solow productivity residuals. The equivalence holds for any … parametrically. This result justifies total factor productivity as the right summary measure of welfare, even in situations where it …

: current and future total factor productivity and the capital stock per capita. These variables suffice to calculate welfare … production technology and the degree of market competition. It applies to open economies as well, if total factor productivity is … factor productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need …

The need for land-related investment to ensure sustainable land management and increase productivity of land use is … productivity and contributing toward poverty reduction in Africa. Whether and by how much overlapping property rights reduce … paper combines this result with information on crop productivity to obtain a rough estimate of the magnitudes involved. The …

on average 20 to 30 percent less productive. As a source of income inequality and aggregate productivity loss, the …