such models in analyzing the production structure, the determinants of variable and quasi-fixed factors, and productivity … growth. The paper also discusses the traditional approach to productivity analysis based on the Divisia index number …

productivity growth. The two major methods used in measuring productivity growth -- index number and econometric estimation …, infrastructure capital, allocative distortions, nature of the market structure and technological advancement on productivity growth … estimate the contribution of different inputs to productivity growth are described and the evaluation of the production process …

&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity … between R&D expenditures and growth of output or total factor productivity. The relation is pervasive, though the magnitudes …, there is evidence that R&D as a factor of production affects not only productivity growth but also the demand for …

end-of-period stocks. We also derive measures of productivity and capacity utilization for the adopted modeling framework …

returns to scale. Furthermore, the paper gives a decomposition of the traditional measure of total factor productivity growth …

determining the rate of growth of total factor productivity (TFP) . Specifically, we propose and illustrate a methodology for …