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Persistent link: https://www.econbiz.de/10012228671
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...
Persistent link: https://www.econbiz.de/10011595871
Persistent link: https://www.econbiz.de/10011983609
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...
Persistent link: https://www.econbiz.de/10012098960
This paper surveys a wide range of studies on the impact of capital investment in intangible assets on labour productivity growth and highlights their main findings on. Surveying the literature at the country, industry and firm level, this paper finds evidence of the increasing importance of...
Persistent link: https://www.econbiz.de/10012126861
Persistent link: https://www.econbiz.de/10011749527
The findings of low or even negative total factor productivity (TFP) growth in Singapore’s manufacturing industries by Young (1995) and many others has been a controversial issue in view of its crucial role in the future sustainability of Singaporean manufacturing. This paper applies the...
Persistent link: https://www.econbiz.de/10011213028
This paper develops a theoretical model for the conceptualization and empirical analysis of regional economic resilience. Our production function framework is applied to empirically assess the effect of pre-crisis conditions on regional resilience accounting for exogenous changes in technology...
Persistent link: https://www.econbiz.de/10014632725
factor productivity growth (TFPG) index. These are easiest to understand for the case in which the index number problem is … concepts of TFPG all lead to the same result in the 1–1 case. Moving on to a general N input, M output production scenario, we … demonstrate that a Paasche, Laspeyres or Fisher index number formula provides a measure for all four of the concepts of TFPG …
Persistent link: https://www.econbiz.de/10014024949
This paper studies the process of Malaysian industrialisation by examining the productivity performance of 28 manufacturing industries from 1981-96. Unlike previous studies, here, an improved version of the stochastic frontier model is used to determine if manufacturing output growth was a...
Persistent link: https://www.econbiz.de/10008481997