Thus, output (measured in terms of the GDP or the business sector value added) may be modelled as a unit root; the order of integration of capital is much higher than 1 and it may be specified even as an I(2) process, while labour contains a seasonal unit root. However, in all ...
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...
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 ...
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Data Envelopment Analysis (DEA) techniques are applied to a state-level data set to measure the total factor productivity in US agriculture over 1960–1996. Total factor productivity is decomposed into input and output biased technological change, efficiency change, and scale change, under both const...
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...
14% of goods imports come from China and a total of 38% of all goods imports come from countries without a trade agreement. If the proposed tariffs are only imposed on this group of trading partners, the average tariff rate on imported goods would reach 11.8%. There is some debate about...
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Manufacturing Agglomeration and Total Factor Productivity:A Study Based on Manufacturing Firm-level Data In order to explore the relationship between manufacturing agglomeration and firms' total factor productivity(TFP)growth the agglomeration index(EG index)o... LI Jing,LI Ning-Zhou,SO Economics - 《...