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The main purpose of this paper is to consider the development of total factor productivity in the development of gross value added in individual sectors of the economy of the Czech Republic in the period from 1996 - 2011. The National Account was the source of the data. The paper addresses the...
Persistent link: https://www.econbiz.de/10011480612
In this paper, for the first time, we apply the Färe-Primont productivity index (FPI) to examine the agricultural total factor productivity (TFP), during the period 2004-2016, in four regions of Greece: Macedonia and Thrace (region I), Epirus, Peloponnesus and the Ionian Islands (region II),...
Persistent link: https://www.econbiz.de/10014477265
For more than fifty years, the Solow decomposition (Solow 1957) has served as the standard measurement of total factor productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock is poorly measured. Using synthetic data...
Persistent link: https://www.econbiz.de/10010265668
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10010325710
Following Hsieh and Klenow (2009), this paper studies productivity dispersions in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. The United States is used as a benchmark to estimate the reallocation of capital and labor to equalize...
Persistent link: https://www.econbiz.de/10010328211
Nishimura, Nakajima, and Kiyota (2005) analyze the entry/exit behavior patterns of Japanese firms during the 1990s and find that relatively efficient (high total factor productivity (TFP)) firms exited while relatively inefficient (low TFP) firms survived during the banking-crisis period of...
Persistent link: https://www.econbiz.de/10010332355
From an engineering perspective, a capital good's service is energy conversion - e.g., the physical 'work' done by a machine - and can thus be measured directly by the energy consumed in production. We show important empirical advantages of our concept over traditional measures. The empirical...
Persistent link: https://www.econbiz.de/10010435685
This paper aimed to study the behavior of Brazilian productivity between 2004 and 2014 and its impact on growth in a disaggregated analysis. To this end, performance was studied by examining the measurement of total factor productivity and was also based on sectoral and regional aggregation in...
Persistent link: https://www.econbiz.de/10011991458
In this report we review the literature on the relationship between ICT and productivity. In Sect. 1 we discuss in broad terms the theoretical relationship between ICT and productivity, while in Sect. 2 we present the growth accounting methodology, which tries to measure the contributions to...
Persistent link: https://www.econbiz.de/10012055314
It is well known that Southeast Europe is the least developed area in Europe. Using a methodology based on the idea of heterogeneous firms, this paper studies the degree to which firm heterogeneity and resource misallocation can explain the lower TFP in Southeast Europe. The results show a...
Persistent link: https://www.econbiz.de/10012311508