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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.
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Bubbles and Total Factor Productivity

American Economic Review, 2012
This paper presents an infinite-horizon model of production economies in which firms face idiosyncratic productivity shocks and are subject to endogenous credit constraints. Credit-driven stock price bubbles can arise which can relax credit constraints and reallocate capital more efficiently among firms.
Miao, Jianjun, Wang, Pengfei
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total factor productivity

2008
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 efficiently and intensely the inputs are utilized in production.
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Comparison of Total Factor Productivity and Total Productivity for Their Relationship Attributes with Profit

Engineering Management Journal, 2020
This study compares two productivity metrics, Total Factor Productivity (TFP) and Total Productivity (TP), for their associations with one another and two types of profits.
Naveen Tiruvengadam   +2 more
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Which productivity can promote clean energy transition —total factor productivity or green total factor productivity?

Journal of Environmental Management
Developing clean energy is a key pathway and an inevitable choice for achieving the goals of carbon peak and carbon neutrality. From a global perspective, technology is increasingly affecting the trajectory of energy transition, driving clean energy into a stage of rapid development.
Caiyun Zhang, Huan Zhu, Xinze Li
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TOTAL FACTOR PRODUCTIVITY GROWTH

1995
Total factor productivity growth (TFPG) measures the increase in output not due to the increases of inputs, usually capital and labor. The first part of the paper examines the concept and why TFPG is necessary if output is to continue to grow over long periods of time. Some discussion of measurement issues follows in which special attention is given to
Bruton, Henry, Bruton, Henry
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Total Factor Productivity in the Philippines

2002
The paper presents estimates of total factor productivity (TFP) from 1967 to 2000. It was observed that while TFP growth was mostly negative in the last thirty-five years, its contribution to economic growth improved consistently from – 1.76 percentage points in the middle of 1980s to +0.41 in 1998-2000.
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TOTAL FACTOR PRODUCTIVITY AND R&D IN THE PRODUCTION FUNCTION

International Journal of Innovation and Technology Management, 2011
A production function is used to estimate total factor productivity and the contribution of R&D to growth. The impact of R&D is found to be higher than in most prior studies, for two reasons. First, the R&D stock is larger, due to the use of a longer time series with base values starting in 1921, and the assumption of no technical ...
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The Challenge of Total Factor Productivity [PDF]

open access: possibleInternational Productivity Monitor, 2000
In this article, as part of the symposium on total factor productivity, Erwin Diewert of the University of British Columbia provides a comprehensive discussion of what is needed to develop reliable measures of total factor productivity in terms of output and the different classes of inputs. He concludes that the current system of industry statistics in
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