Economic analysts have used trends in total factor productivity (TFP) to evaluate the effectiveness with which … economies are utilizing advances in technology. However, this measure is problematic on several different dimensions. First, the … idea that it is possible to separate out the relative contribution to economic output of labor, capital, and technology …

This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total … factor productivity measures are defined and are related to each other and to gross domestic product (GDP) per capita. Their … factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is …

of production and correlations with technical changes are measured by Total Factor Productivity as an expression of … Technical Efficiency to assess Total Factor Productivity …

productivity growth ; technology indicator ; technology shifter ; OECD countries … call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are …

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 … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based …

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 … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based …

We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase … productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative … effect of ICT-related technology gains on sectoral technology (TFP), we find two sets of results. First, since the mid-2000s …

We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the … emergence of real world empirical productivity distributions. Firms can improve productivity by engaging in in-house R\&D, or …-growth equilibrium featuring persistent productivity differences even when starting from ex-ante identical firms. The long …