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Redistributive Policies and TFP Differences Across Countries BY

by Xueli Tang, Debasis Bandyopadhyay
"... Economists point towards cross-country differences in TFP to explain wide differences in income per capita across countries. This paper derives theoretical restrictions for interpreting the data based on a neoclassical, dynamic general equilibrium model in which the institutional and technological f ..."
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factors and scal policies signi cantly alter overall productivity as measured by the conventional de nition of TFP. The numerical results highlight that the cross-country differences in output per capita across U.S., New Zealand and Australia, can not be signi cantly explained by the TFP differences.

Key Words: TFP, New Economy, capital utilization

by Ryo Kato, Hironori Ishizaki, Ryo Kato, Hironori Ishizaki, Jel Classiþcation E , 2003
"... Views expressed in Working Paper Series are those of authors and do not necessarily reflect those of Bank of Japan or International Department. Measuring Productivity Growth over the 90s: ..."
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Views expressed in Working Paper Series are those of authors and do not necessarily reflect those of Bank of Japan or International Department. Measuring Productivity Growth over the 90s:

1 Misallocation and Manufacturing TFP in China and India*

by Chang-tai Hsieh, Peter J. Klenow , 2007
"... Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing establishments to quantify the extent of this misallocation in China and India compared to the U.S. in recent years. Compared to the U.S., we measure sizable gaps in marginal products of la ..."
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Resource misallocation can lower aggregate total factor productivity (TFP). We use micro data on manufacturing establishments to quantify the extent of this misallocation in China and India compared to the U.S. in recent years. Compared to the U.S., we measure sizable gaps in marginal products

Sources of TFP Growth: Occupational Choice and Financial Deepening

by Hyeok Jeongz, Robert M. Townsendx
"... This paper explains and measures the sources of TFP by developing a method of growth accounting based on an integrated use of transitional growth models and micro data. We decompose TFP growth into the occupational-shift e¤ect, … nancial-deepening e¤ect, capital-heterogeneity e¤ect, and sectoral-Sol ..."
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This paper explains and measures the sources of TFP by developing a method of growth accounting based on an integrated use of transitional growth models and micro data. We decompose TFP growth into the occupational-shift e¤ect, … nancial-deepening e¤ect, capital-heterogeneity e¤ect, and sectoral

Operational Efficiency and TFP Change of Major Cambodian . . .

by Hidenobu Okuda, Chea Poleng, Daiju Aiba , 2014
"... This study examines the technical efficiency and productivity of 18 major domestic and foreign financial institutions in Cambodia during the period of 2006 to 2011. Data envelopment analysis was employed to estimate the efficiency of business operations and the Malmquist productivity index was used ..."
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to identify the reasons for their productivity changes. Empirical results reveal that during the research period, the efficiency scores were high, while they were higher in large institutions than in small ones. When measured using a value-added approach that focused on the fund mobilization capability

DECOMPOSITION OF A MALMQUIST TFP INDEX FOR MEXICO

by Antonio Estache, Beatriz Tovar De La Fé, Palmas Gran Canaria, Palmas Gran Canaria, Jel-classification C L , 2003
"... In Mexico, the port system was managed centrally by public firms until the 1993 reforms which involved mainly a liberalization and decentralization of the system into regional port authorities. The main motivation for the reforms was to improve the competitiveness of the Mexican port systems and eff ..."
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and efficiency gains were expected to be a major contributor. This paper measures the efficiency changes achieved and their main sources. To do so, we estimate and decompose productivity changes in the 11 main ports for the 1996-1999 period with a Malmquist Index. We differentiate between the catching-up effect

dehydrogenase (LCHAD) or trifunctional protein (TFP) deWciency

by Melanie B. Gillingham A, Bradley Scott C, Diane Elliott D, Cary O. Harding A , 2006
"... Exercise induced rhabdomyolysis is a complication of long-chain 3-hydroxyacyl-CoA dehydrogenase (LCHAD) and mitochon-drial trifunctional protein (TFP) deWciency that frequently leads to exercise avoidance. Dietary therapy for most subjects includes medium-chain triglyceride (MCT) supplementation but ..."
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Exercise induced rhabdomyolysis is a complication of long-chain 3-hydroxyacyl-CoA dehydrogenase (LCHAD) and mitochon-drial trifunctional protein (TFP) deWciency that frequently leads to exercise avoidance. Dietary therapy for most subjects includes medium-chain triglyceride (MCT) supplementation

PRELIMINARY VERSION COMMENTS WELCOME On the Measurement of TFP: A Latent Variable Approach

by Rodrigo Fuentes, Marco Morales , 2006
"... Despite the important role that total factor productivity has played in the growth literature, few attempts have been made to change the methodology of how to estimate it. This paper proposes a methodology based on state – space model to estimate TFP and also its determinants. With this methodology ..."
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it is possible to reduce the measurement of our ignorance. As a by-product of this estimation, capital share on output and the long-term growth rate are obtained. When applied to Chile the estimation shows a capital share around 0.5 and long term growth of TFP around 1%. Capital accumulation tends to explain

Integrated industry-level and aggregate TFP- measures: Different approaches Draft

by Pirkko Aulin-ahmavaara, Perttu Pakarinen, Sami Toivola , 2004
"... There are two similar but in fact different methods, characterised in the present paper as the deliveries to final demand approach and the value-added approach, for measuring the economy level rate of TFP-growth and aggregating the KLEMS type of industry level measures to the economy level. Both ind ..."
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There are two similar but in fact different methods, characterised in the present paper as the deliveries to final demand approach and the value-added approach, for measuring the economy level rate of TFP-growth and aggregating the KLEMS type of industry level measures to the economy level. Both

2003, “The Vintage Effect in TFP Growth: An Analysis of the Age

by Maury Gittleman, Thijs Ten Raa, Edward N. Wolff, Maury Gittleman, Thijs Raa, Edward N. Wolff - Structure of Capital,” NBER Working Paper No. 9768 (Cambridge, Mass.: National Bureau of Economic Research
"... Abstract. The age structure of capital plays an important role in the measurement of productivity. It has been argued that the slowdown in the 1970’s can be ascribed to the aging of the stock of capital. In this paper we incorporate the age structure in productivity measurement. Our final propositio ..."
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Abstract. The age structure of capital plays an important role in the measurement of productivity. It has been argued that the slowdown in the 1970’s can be ascribed to the aging of the stock of capital. In this paper we incorporate the age structure in productivity measurement. Our final
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