and Lawrence Lau's (1994) studies, and Paul Krugman's (1994) popularization of the "zero total factor productivity growth … manipulating this identity. We show that total factor productivity calculated with value data is not a measure of productivity. We …

Estimates of total factor productivity growth, a measure of increases in the efficiency of production, have … countries. This leads to incorrect measures of total factor productivity growth. Using data on natural resources from the World … Organisation for Economic Co-operation and Development, this paper makes new estimates of total factor productivity growth for 74 …