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Aggregate rates of productivity growth are among the most closely watched indicators of economic performance. They are … measurement error using a simple generic model. The model allows for errors in the input and output components of the productivity …
Persistent link: https://www.econbiz.de/10005405508
productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock …. -- Total factor productivity ; Solow esidual ; generalized differences ; measurement error ; Malmquist index …
Persistent link: https://www.econbiz.de/10003770644
Measurement of productivity in the service sector has always represented a challenge for economists. "Productivity in …
Persistent link: https://www.econbiz.de/10005518956
The paper presents evidence that the contribution of differences in total factor productivity (TFP) to income …
Persistent link: https://www.econbiz.de/10008533234
One view in the literature is that the East Asian economic model is superior to other models in the Global South (i.e. in the developing world), at least in terms of catch-up development and possibly even in innovations beyond the technological frontier. Unlike economic models in Latin America...
Persistent link: https://www.econbiz.de/10013334674
This paper explores the dynamics of income and poverty of rural Indian households, 1994-2005. The estimation strategy consists of convergence analysis to test whether poor households are catching-up in terms of income, followed by transition analysis to test whether poor households are more...
Persistent link: https://www.econbiz.de/10010498489
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many of the considered variables need to be excluded from...
Persistent link: https://www.econbiz.de/10011605280
Economists have reported econometric results that rely on estimates of the population of every country in the world for the past two thousand or more years. The underlying source is usually McEvedy and Jones' Atlas of World Population History, published in 1978. The McEvedy and Jones data have...
Persistent link: https://www.econbiz.de/10012657948
This paper explores the dynamics of income and poverty of rural Indian households, 1994-2005. The estimation strategy consists of convergence analysis to test whether poor households are catching-up in terms of income, followed by transition analysis to test whether poor households are more...
Persistent link: https://www.econbiz.de/10010513147
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many of the considered variables need to be excluded from...
Persistent link: https://www.econbiz.de/10008657134