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25 Resources for

total factor productivity

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Finance And The Sources Of Growth: Development of the banking sector exerts a large, causal impact on total factor productivity growth, which in turn causes GDP to grow. Whether banking development has a long-run effect on capital growth or private saving remains to be seen. This paper evaluates whether the level of development in the banking...; Tags: Finance, Total Factor Productivity, Total Factor Productivity Growth, Banking, Financial Services; White papers 2001-01-01
Productivity Growth: The Effect Of Market Regulations: This paper explores the effects of product and labour market regulation on growth in Total Factor Productivity TFP using panel data from 1974 - 2003 for 18 OECD (Organisation for Economic Co-Operation and Development) countries. Our regressions are specified so that labour and product market regulations can affect productivity both...; Tags: Total Factor Productivity, Reserve Bank Of Australia, Regulations, Government; White papers 2007-06-01
Productivity In Economies With Financial Frictions: Facts And A Theory: We document and account for two facts regarding the relation between international interest rates and Total Factor Productivity TFP in a sample of developing countries. First, there is a negative correlation between both variables at quarterly frequency. Second, the share of agricultural labor and interest rates are positively correlated, whereas...; Tags: Theory, Financial, Interest Rate, Labor, Total Factor Productivity, University Of Southampton, Financial Planning, Financial Accounting, Financial Services, Finance; White papers 2006-09-01
Incentive Contracts And Total Factor Productivity: This paper proposes a transactions cost theory of total factor productivity. In a world with asymmetric information and transactions costs, effort, and thus productivity, must be induced by incentive schemes. Labor contracts trade of the marginal benefits and the marginal costs of effort. The latter include, in addition to the...; Tags: Incentive, Total Factor Productivity, University Of Haifa, Transactions Cost, Sales Force Management, Sales; White papers 2004-10-01
Decomposing Differences In Total Factor Productivity Across Firm Size: This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. Particular emphasis was placed on the contribution of differences in the propensity to...; Tags: Barcelona, Endowment, Difference, Total Factor Productivity; White papers 2007-03-19

Total Factor Productivity: Macroeconomic And Structural Aspects Of The Slowdown: The focus of this paper is on developments in Total Factor Productivity TFP in OECD countries since the 1960s. TFP growth is defined here as that portion of real output growth which is not accounted for by increase in inputs of labour and capital, the two most fundamental factors of...; Tags: OECD, Total Factor Productivity, Total Factor Productivity Growth; White papers 2005-08-17
R&D, Innovation And The Total Factor Productivity Slowdown: This paper presents an industry-level analysis of the links between techno-logical change and total factor productivity growth. Over the past few decades, numerous studies have documented the links between technological change and productivity growth, generally using Research And Development (R&D) expenditures as an indicator of the intensity of technological change'....; Tags: Innovation, R&D, Total Factor Productivity, Research & Development, Business Operations; White papers 2005-08-23
Productivity, Efficiency And Economic Growth: East Asia And The Rest Of The World: This paper compares the sources of growth in East Asia with the rest of the world, using a methodology that allows one to decompose Total Factor Productivity TFP growth into technical efficiency changes catching up and technological progress. It applies a varying coefficients frontier production function model to aggregate data...; Tags: Growth, University Of California, Total Factor Productivity; White papers 2003-03-05
Productivity, Factor Accumulation And Social Networks: Theory And Evidence: The paper analyzes how social barriers to communication affect economy-wide productivity and factor accumulation. Using a dynamic model of an economy that includes a reproducible capital stock physical or human and effective labor, a negative relationship is shown to exist between social barriers to communication and Total Factor Productivity TFP,...; Tags: Barrier, Social Networking, Theory, Network, Accumulation, Productivity, Total Factor Productivity, University Of Otago; White papers 2004-03-01
Deregulation And Productivity Growth: A Study Of Indian Commercial Banking: This paper examines the impact of regulatory reform on the performance of Indian commercial banks. Using a balanced panel data set covering from the beginning of the deregulation period (1992) to the last few years (2004) and employing a DEA Data Envelopment Analysis -based Malmquist index of total factor productivity...; Tags: Deregulation, University Of Reading, Total Factor Productivity, Regulations, Government; White papers 2006-12-14
An Analysis Of The Relevance Of OBS Items In Explaining Productivity Change In European Banking: The 1990s have witnessed a significant growth in bank income generated through non-traditional activities especially for large EU universal institutions. Using the non-parametric Malmquist methodology this paper analyses the importance of the inclusion of Off-Balance Sheet OBS business in the definition of banks output when estimating total factor productivity change...; Tags: Analysis, University Of Reading, Total Factor Productivity; White papers 2003-11-12
Regulatory Reform And Economic Performance In US Electricity Generation: This paper investigates the effect of the introduction of incentive regulation upon the Total Factor Productivity TFP growth of electricity generation companies in the United States, using sample data on 61 firms observed over a 13-year period from 1986 to 1998. Empirical estimates of TFP growth are obtained using three...; Tags: Technique, Incentive, Economic Performance, Total Factor Productivity, University Of Queensland, Productivity, Sales Force Management, Sales; White papers 2004-09-01
Innovation Strategy And Total Factor Productivity Growth: This paper investigates the relationship between firms' innovation practices and performance in Taiwan. Using a panel of 4000 firms, the effects of importing technology (versus doing R&D) were examined on Total Factor Productivity TFP growth. The relationship between these two innovation strategies is also explored. It is found that R&D...; Tags: Innovation, Strategy, R&D, Total Factor Productivity, Research & Development, Business Operations; White papers 2004-03-22
Decomposing Productivity Growth In The U.S. Computer Industry: This paper examines the sources of the productivity growth in the U.S. computer industry from 1978 to 1999. It estimates a joint production model of output quantity and quality that distinguishes two types of technological changes: process and product innovations. Based on the estimation results, Total Factor Productivity TFP growth...; Tags: Product Innovation, Total Factor Productivity; White papers 2005-12-05
How Important Are Capital And Total Factor Productivity For Economic Growth?: The authors examine the relative importance of the growth of physical and human capital and the growth of total factor productivity TFP using newly organized data on 145 countries that span more than one hundred years for twenty-four of these countries. For all countries, only 3 percent of average output...; Tags: Growth, Total Factor Productivity, Total Factor Productivity Growth; White papers 2002-04-01
Entrepreneurial Efficiency: Theory: This paper models firms' entrepreneurial ability according to their ability to predict changes in productivity (i.e., their prediction ability), and derives an aggregate production function as a result of entrepreneurship. An increase in firms' prediction ability improves allocative efficiency in a competitive economy, but can reduce it when opportunities are...; Tags: Entrepreneurial, Theory, Total Factor Productivity, Osaka University, Prediction Ability, Entrepreneurship, Management; White papers 2004-11-10
What Are the Channels Through Which External Debt Affects Growth?: This paper investigates the channels through which debt affects growth, specifically whether debt affects growth through factor accumulation or total factor productivity growth. It also tests for the presence of nonlinearities in the effects of debt on the different sources of growth. It uses a large panel dataset of 61...; Tags: Growth, Debt, Total Factor Productivity; White papers 2004-01-01
Long-Run Productivity Shifts and Cyclical Fluctuations: Evidence for Italy: Using unobserved stochastic components and Kalman filter techniques, the paper assesses the relative importance of transitory and permanent shifts in Italian real GDP within a production function framework. Evidence suggests that the increase in hours worked that has accompanied pension and labor market reforms accounts for the bulk of low-frequency...; Tags: IMF, Fluctuation, Total Factor Productivity; White papers 2005-12-01
Total Factor Productivity: Total Factor Productivity TFP is the portion of output not explained by the amount of inputs used in production. As such, its level is determined by how e?ciently and intensely the inputs are utilized in production. TFP plays a critical role on economic fluctuations, economic growth and cross-country per capita...; Tags: Total Factor Productivity; White papers 2006-08-01
On The Aggregation Of Total Factor Productivity Measures: This paper aims to examine and evaluate the behaviour of all the efficiency measures developed by Fare and Zelenyuk (2003) when we relax the assumptions that: Firms face the same price; and no reallocation of resources among firms. In fact, the paper numerically examines the behaviour of the aggregate efficiency...; Tags: Total Factor Productivity, University Of Queensland, Efficiency Measure; White papers 2003-12-01