Bourque, Gilles; Mohnen, Pierre; Raa, Thijs Ten - Centre Interuniversitaire de Recherche en Analyse des … - 1996
We propose a new measure of total factor productivity (TFP) growth in a general equilibrium setting.It measures by how much the efficiency frontier moves outwards given the availability of primary ressources, the technology and the structure of domestic final demand. Prices are endogenous. We...