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In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10013119734
productivity growth ; technology indicator ; technology shifter ; OECD countries …
Persistent link: https://www.econbiz.de/10009425734
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10010269407
We propose a new decomposition method for analysing aggregate productivity changes. The main improvement in our … proposed method is that we are clearly able to separate out pure productivity changes of a hypothetical average firm from … up firm-level contributions to aggregate productivity growth. It also allows for straightforward interpretation of the …
Persistent link: https://www.econbiz.de/10014217148
factor cost, we construct a new framework of productivity decomposition, and for the first time derive a “pure” reallocation …
Persistent link: https://www.econbiz.de/10012890797
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10013147134
technical change and TFP growth of provinces. -- Technical change ; total factor productivity growth ; technology indicator …
Persistent link: https://www.econbiz.de/10003941555
Persistent link: https://www.econbiz.de/10011532088
Productivity, Efficiency, Environment, Dimensionality. - The economic and ecological performance of OECD countries over … two decades is measured by employing a Malmquist-Luenberger productivity index. The index credits the expansion of goods … and dimensionality. Our findings suggest to employ aggregate analyses of productivity to identify crucial dimensions …
Persistent link: https://www.econbiz.de/10001867118