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Financial Crises and Total Factor Productivity [PDF]

open access: yesSSRN Electronic Journal, 2005
Total factor productivity (TFP) falls markedly during financial crises, as we document with recent evidence from Mexico and Asia. These falls are unusual in magnitude and present a difficult challenge for the standard small open economy neoclassical model.
Felipe Meza, Erwan Quintin
openaire   +3 more sources

Total Factor Regional Productivity in Greece [PDF]

open access: possibleEnvironment and Planning C: Government and Policy, 1994
The components of productivity change in manufacturing industry over the regions of Greece in the 1980s are examined. Regional differences in productivity are significant in two respects. They reflect the outcomes of different production processes in space where labour is supplied and combined with various sorts of capital and where specific ...
N Vagionis, N Spence
openaire   +1 more source

Public Capital and Total Factor Productivity

International Economic Review, 1993
This paper examines the impact of the stock of public capital on output levels and productivity growth rates in the United States. The analysis is based on the estimation of parameters in a translog profit function. Prices of intermediate goods are introduced into a quasiproduction function for value-added. Recently developed econometric techniques for
Lynde, Catherine, Richmond, J
openaire   +1 more source

Total Factor Productivity

Organization & Environment, 2006
Total factor productivity (TFP) is a central concept in the mainstream analysis of economic growth. Using aggregate production functions, economists estimate the shares of economic growth explained by increases in capital, labor, and (in some applications) natural resource inputs.
openaire   +1 more source

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