TOTAL FACTOR PRODUCTIVITY ESTIMATION: A PRACTICAL REVIEW
نویسندگان
چکیده
منابع مشابه
International Comparison of Total Factor Productivity: A Review
Several different approaches to international comparison of Total Factor Productivity (TFP) have now emerged. Among these are the time-series approach, the panel approach, and the cross-section approach. This paper compares methodologies of these different approaches and results that have been obtained from their application. The comparison of results is conducted in the context of two samples,...
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Total Factor Productivity (TFP) is the portion of output not explained by the amount of inputs used in production. The following definition describes the measurement and importance of TFP for growth, fluctuations and development as well as likely future directions of research. Total Factor Productivity (TFP) is the portion of output not explained by the amount of inputs used in production. As s...
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Evidence shows that asset price bubbles typically precede financial crises and financial crises are accompanied by the collapse of bubbles. In addition, stock market booms and busts are typically associated with credit market booms and busts. The recent US housing and stock market bubbles and the subsequent Great Recession that began in late 2007 provide an example. The stock market booms in th...
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ژورنال
عنوان ژورنال: Journal of Economic Surveys
سال: 2010
ISSN: 0950-0804
DOI: 10.1111/j.1467-6419.2010.00631.x