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This paper studies the productivity impact of heterogeneous capital inputs of selected EU-15 member countries and of the U.S. at the macroeconomic level. The stochastic possibility frontiers approach of Battese and Coelli (1992) applied here is used to identify neutralities or nonneutralities...
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The paper presents results for the development of total factor productivity (TFP) growth for 35 industries. It analyses the medium-term and long-term trends in these industries during the last two decades. The method used for the calculation was first proposed by Hulten (1986). It takes into...
Persistent link: https://www.econbiz.de/10010223263
The paper addresses the topic of an overall long-term productivity slowdown in labor productivity for a panel of 25 developed countries. Besides studying individual long-term trends of single countries using filtering techniques we also test for multiple structural breakpoints in the long-term...
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