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Global simulation models are increasingly used to assess future scenarios and the impact of policies related to food security, land use and climate change. A crucial element in these studies are assumptions on productivity change and technical progress, the key drivers of long-run economic...
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Multifactor productivity growth measures can be constructed using different input–output concepts. We estimate three distinct productivity growth measures respectively based on gross output, value added, and cash flow and discuss their economic interpretation. By making use of an index theory...
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