This paper tackles the problem of aggregate TFP measurement using stochastic frontier analysis. We estimate a world production frontier for a sample of 75 countries over a long period. The “Bauer Kumbhakar” decomposition of TFP is applied to a smaller sample in order to evaluate the effects...

We present the results of eight models that differ with respect to the time behavior of technical inefficiency and the presence of country heterogeneity. When taken into account, heterogeneity raises average technical change estimates, however technical progress rankings become counter-intuitive.

This paper presents a new and alternative approach within the empirical literature dealing with inequality. It investigates to what extent are the dynamics of income inequality in economies affected by the changes in the components of Total Factor Productivity (TFP). The basic idea is that asset...

This Paper Tackles the Problem of Aggregate TFP Measurement Using Stochastic Frontier Analysis (SFA). Data From Penn World Table 6.1 are Used to Estimate a World Production Frontier For a Sample of 75 Countries Over a Long Period (1950-2000) Taking Advantage of the Model Offered By Battese and...

This paper tackles the problem of aggregate TFP measurement using stochastic frontier analysis (SFA). Data from Penn World Table 6.1 are used to estimate a world production frontier for a sample of 75 countries over a long period (1950-2000) taking advantage of the model offered by Battese &...