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This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of … unobservable technical change, scale economies and observable technology shifter index components. The empirical results are based … trend model based one. By comparing the performance of the time trend and technology index models in terms of TFP growth …
Persistent link: https://www.econbiz.de/10012966058
We propose a new decomposition method for analysing aggregate productivity changes. The main improvement in our … proposed method is that we are clearly able to separate out pure productivity changes of a hypothetical average firm from … up firm-level contributions to aggregate productivity growth. It also allows for straightforward interpretation of the …
Persistent link: https://www.econbiz.de/10014217148
agricultural productivity (paddy) in a coal mining region. Our study concentrated on the Ib Valley coal field of Orissa. Our sample … to mining activities. In terms of partial productivity measure (yield) mining villages also lagged behind. Further, as a … in Ib Valley coal field area despite of reduction in agricultural productivity. Such rural development in terms of …
Persistent link: https://www.econbiz.de/10014061781
Productivity rises in booms and falls in recessions. There are four main explanations for procyclical productivity: (i … are particularly important in explaining procyclical productivity. We argue that the reallocation effects that we identify …
Persistent link: https://www.econbiz.de/10014038390
We compare the productivity performances of 15 matched manufacturing sectors in Korea and Taiwan, using the Malmquist … productivity indexes, based on category-wise meta frontiers, 1978-1996. Comparisons at the sector levels are made using sequential … multiplicative products of the indexes. The overall productivity and technology growth rates of Taiwan were higher than those of …
Persistent link: https://www.econbiz.de/10013125321
combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed … components of the conventional Malmquist-Luenberger productivity index and the proposed index are different, the developments of …
Persistent link: https://www.econbiz.de/10013159334
technology index based on the external economic factors which are indicators of technology. Thus our definition of production …
Persistent link: https://www.econbiz.de/10013147134
impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in … productivity can be overwhelmed by even subtle changes in the traffic mix. After controlling for endogenous changes in the … data, 1982-1997, with observed productivity changes much more likely due to changes in speed limits and the dimensions of …
Persistent link: https://www.econbiz.de/10013317228
The present study attempts to empirically examine the total factor productivity change (TFPG) of Indian microfinance … institutions, using balanced panel data set of 55 MFIs in India between 2008 and 2010. A non parametric Malmquist Productivity … Index has been used for this purpose. Efficiency of Indian MFIs has been calculated based on production approach. It was …
Persistent link: https://www.econbiz.de/10011252580
show that ULC is wage divided by labor productivity. Thus, changes in ULC are often discussed in the context of wage … increases and labor productivity. However, a higher wage induces firms to substitute labor with capital, which affects labor … productivity. However, the conventional decomposition of changes in ULC dismisses this indirect impact of wage on ULC through labor …
Persistent link: https://www.econbiz.de/10011552018