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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 …
Persistent link: https://www.econbiz.de/10013308753
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean … induces significant reductions in productivity (2.3% to 10.7%), over the 2013-2040 period. Estimated output losses due to …
Persistent link: https://www.econbiz.de/10011339428
productivity, we estimate efficiency measures for the East European, Baltic, and other former Soviet Union Countries using the … the average annual total factor productivity. These results suggest that, on average, chance in technical efficiency is …
Persistent link: https://www.econbiz.de/10014217470
This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to … effect on growth. Technical progress is the main contributor to productivity growth and the scale effect has become important …
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hour and total factor productivity. Using a "flat spot" identification strategy, we separately estimate the price and …
Persistent link: https://www.econbiz.de/10013175437
This paper examines and applies the theoretical foundation of the decomposition of economic and productivity growth to … effect on growth. Technical progress is the main contributor to productivity growth and the scale effect has become important …
Persistent link: https://www.econbiz.de/10012832348
The “killer application” of the new framework for productivity measurement presented in this paper is the impact of … information technology (IT) on economic growth. A consensus has emerged that the remarkable behavior of IT prices provides the key … to the surge in U.S. economic growth after 1995. The relentless decline in the prices of information technology equipment …
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