DOES TOTAL FACTOR PRODUCTIVITY CONVERGE AMONG ASEAN COUNTRIES?

Foreign Knowledge Spillovers and Total Factor Productivity Growth: Evidence from Four ASEAN Countries

This study examines the dynamic relationship between foreign direct investment (FDI) and total factor productivity having controlled for other channels of external openness: exports and imports in four ASEAN countries: Indonesia, Malaysia, Singapore, and Thailand. We employ the panel data analysis PDA (fixed effect and dynamic panel models) as well as the panel cointegration and Granger causali...

Total factor productivity in the G7 countries: a short note

The analysis of the composition of economic growth in the G7 countries has been motivated by the desire to identify regularities that contribute to explaining economic success. Such analysis must be carried out with a long term perspective, and the relevant production function should reflect existing world technology and not just domestic conditions. Moreover, in order to assess the relative pe...

Impact of Knowledge-based Components on Total Factor Productivity of MENA Countries

F rom the viewpoint of economic theories, total factor productivity (TFP) is the most important component that leads to economic growth and development. The main purpose of this study was to evaluate the impact of knowledge-based economy on total factor productivity in the member countries of the Middle East and North Africa (MENA) region. For this purpose, the panel data regression analysis ha...

WHAT DOES TOTAL FACTOR PRODUCTIVITY MEASURE ? By Richard

Total Factor Productivity∗

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...