Werner and A. Turrini (2009): "The EU-US Total Factor Productivity Gap: An Industry-level Perspective", CEPR Discussion Paper, No. 7237.HAVIK, K.; McMORROW, K.; ROGER, W. y TURRINI, A.(2008). The EU-US total factor productivity gap: an industry perspective. Economic Paper 339. ...
and =-=Krugman, 1993-=-)—“total factor productivity” appears to explain a larger fraction of the differences in economic growth—Demirgüç-Kunt and Maksimovic (1998 and 1999) show that the ability to finance long-term growth ... P Krugman,RE Baldwin,WH Branson 被引量: 96发表: 1993...
1 One productivity measure, total factor productivity (TFP), accounts for both capital and labor. Many of the trends and challenges that we've observed with labor productivity hold true when measured with TFP. 2 Anna M. Stansbury and Lawrence H...
Dynamic effects of health and inter-state and inter-industry knowledge spillovers, Total Factor Productivity (TFP) growth and convergence in US agriculture are examined using recently developed procedures for panel data and a growth accounting model. Strong evidence is found to support the hypothesis ...
The approach in this paper is to concentrate on three key drivers of the business cycle: total factor productivity shocks, monetary policy shocks and financial friction shocks. These shocks are recovered using the approach of Benk et al., 2005, Benk et al., 2008. By focusing on a limited ...
In order to implement the decomposition of total factor productivity growth, we need to parameterize and calculate the parameters of an output distance function. Here we choose to parameterize Do(y,x,t) as a translog function, which is the functional form often employed to model bank technology...
The EU-US total factor productivity gap : An industry perspective This paper uses the EU KLEMS industry growth accounting database to explore the determinants of the EU-US total factor productivity (TFP) growth gap which ... K Havik,KM Morrow,W Röger,... - 《Cepr Discussion Papers》 被...
Firm productivity \(\left( Ln\left( \textrm{TFP}_{i,t-1}\right) \right) \) is computed as the natural logarithm of the total factor productivity, which is calculated following the Levinsohn and Petrin (2003) methodology. Importantly, \(\textrm{Covid}_{t}\) is a dummy variable that ...
The relation of structural change to a relative measure of total factor productivity change is tested by an application of quantile regression and is found to be significantly positive throughout. 展开 关键词: structural change productivity manufacturing quantile regression ...
with the result that the US population is lower in 2029 than it is today. A total of US$1.35 trillion is cut from federal government spending, achieved through deep cuts to Medicaid transfers, social security payments, and income security programs, representing a big decrease in the living sta...