Testing for Factor Price Equality with Unobserved Differences in Factor Quality or Productivity

Total Factor Productivity: An Unobserved Components Approach

This work examines the presence of unobserved components in the time series of Total Factor Productivity, which is an idea central to modern Macroeconomics. The main approaches in both the study of economic growth and the study of business cycles rely on certain properties of the different components of the time series of Total Factor Productivity. In the study of economic growth, the Neoclassi...

Inputs Accumulation Or Productivity: Which Factor Is The Leading Contributor To Economic Growth In Iran?

International Factor Price Differences : Leontief was Right !

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Total Factor Productivity of Manufacturing Sector in India: A Regional Analysis for the State of Haryana

The present study used different categories of organized sector manufacturing industries pooled data for the periods of 1981-82 and 2007-08 in Haryana state (India). The present undertaking seeks to analyze the inter-temporal and inter-industry comparison of total factor productivity (TFP) measured by Malmquist productivity index - an application of DEA which calculates the indices of TFP and i...

Factor Price Equalization (FPE) Implies Product Quality Equalization (PQE)

This paper examines the issue of the effect of international trade on quality choice by firms in a factor-endowment framework. Factor price equalization implies product quality equalization. In the NorthSouth context it means that the South catches up with the North in product quality due to the competitive pressure from international trade, not because of technology adoption. Free trade may in...