Heshmati, Almas; Rashidghalam, Masoomeh - 2017
This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … the traditional production model where technology is represented by a time trend. TFP growth is decomposed into …, technology and human development determinants of TFP growth. Our results show that unobservable technical changes remain the most …