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The Solow residual, Domar aggregation, and inefficiency: a synthesis of TFP measures
Raa, Thijs; Shestalova, Victoria - In: Journal of Productivity Analysis 36 (2011) 1, pp. 71-77
Persistent link: https://www.econbiz.de/10009327472
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Measuring Productivity
Gatto, M. Del; Liberto, A. Di; Petraglia, C. - Centro Ricerche Nord Sud (CRENoS) - 2008
Quantifying productivity is a conditio sine qua non for empirical analysis in a number of research fields. The identification of the measure that best fits with the specific goals of the analysis, as well as being data-driven, is currently complicated by the fact that an array of methodologies...
Persistent link: https://www.econbiz.de/10005030826
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Index Number Concepts, Measures and Decompositions of Productivity Growth
Diewert, W.; Nakamura, Alice - In: Journal of Productivity Analysis 19 (2003) 2, pp. 127-159
This paper explores the definitions and properties of total factor productivity growth (TFPG) indexes, focusing especially on the Paasche, Laspeyres, Fisher, Törnqvist, and implicit Törnqvist ones. These indexes can be evaluated from observable price and quantity data, and certain of these are...
Persistent link: https://www.econbiz.de/10010988845
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Output Quality and Sources of Profit Change in the English and Welsh Water and Sewerage Companies
Maziotis, Alexandros; Saal, David S.; Thanassoulis, Emmanuel - Fondazione ENI Enrico Mattei (FEEM) - 2012
This paper investigates the determinants of profit change over the period 1991-2008 for the Water and Sewerage Companies (WaSCs) in the English and Welsh water and sewerage industry. We firstly apply an input oriented profit decomposition approach following the approach of De Witte & Saal...
Persistent link: https://www.econbiz.de/10010603769
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Department of Economics, University of Warwick - 2013
factor productivity (TFP) and by the capital stock per capita. These variables su¢ ce to calculate welfare changes within a … the degree of product market competition. It applies to open economies as well, if TFP is constructed using domestic … absorption, instead of gross domestic product, as the measure of output. Welfare relevant TFP needs to be constructed with prices …
Persistent link: https://www.econbiz.de/10010862710
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Institute for the Study of Labor (IZA) - 2012
We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...
Persistent link: https://www.econbiz.de/10010541274
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
as well if TFP is constructed using absorption rather than GDP as the measure of output. They require that TFP be … rates in a sample of developed countries for which high-quality TFP and capital data are available. We find that under …
Persistent link: https://www.econbiz.de/10010547127
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Productivity and the welfare of nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Department of Economics and Business, Universitat … - 2012
as well if TFP is constructed using absorption rather than GDP as the measure of output. They require that TFP be … rates in a sample of developed countries for which high-quality TFP and capital data are available. We find that under …
Persistent link: https://www.econbiz.de/10010552494
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Department of Economics, Boston College - 2012
We show how to relate the welfare of a country's infinitely-lived representative consumer to observable aggregate data. To a first order, welfare is summarized by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country,...
Persistent link: https://www.econbiz.de/10010575544
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio - Department of Economics, University of Warwick - 2013
total factor productivity (TFP) and by the capital stock per capita. These variables suffice to calculate welfare changes … technology and the degree of product market competition. It applies to open economies as well, if TFP is constructed using … domestic absorption, instead of gross domestic product, as the measure of output. Welfare relevant TFP needs to be constructed …
Persistent link: https://www.econbiz.de/10011144203