The stochastic frontier production model is one of the most used ways to estimate efficiency and productivity. The purpose of this paper was to decompose the sources of total factor productivity (TFP) growth into technological progress, changes in technical efficiency and changes in economies of scale. In this paper, we also used Divisia index in order to estimate production function. A random ...

A critical concern for continued growth of the world economy is whether technological progress can mitigate resource depletion. This paper measures depletion effects and technological change for offshore oil production in the Gulf of Mexico using a unique field-level data set from 1947-1998. The study supports the hypothesis that technological progress has mitigated depletion effects over the s...

Technological change is a distinctive characteristic of modern labor markets. New technologies change the demand for different skills in the labor market and thus introduce uncertainty in the wage structure that agents will face in the future. In this way, technological change affects agents decisions about which skills to invest in. In this paper, I study how labor market uncertainty arising f...

The technological revolution has spread over today's world, and it is clearly seen in banking, especially electronic banking. E-Banking has many dimensions, criteria, and components, and judging its progress based on dimensions leads to difficulty and bias. There is also a lack of comprehensive information references in the literature. Therefore, introducing a combinational index to accurately ...

Starting in the 1970’s, the Brazilian agricultural sector has experienced an important process of modernization, whose principal effects include advances in technological progress and gains in productivity. The primary objective of this paper is to analyze technological progress and total productivity growth in the Brazilian agricultural sector during the period from 1970 to 1996. The methodolo...

This paper studies the impact of long-run productivity growth on job …nding and separation rates, and thus the unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into the endogenous job separation model of Mortensen and Pissarides (1994). The incorporation of on-the-job search allows faster growth to reduce unemployment ...

Energy storage is an important topic as many countries are seeking to increase the amount of electricity generation from renewable sources. An open and accessible online database on energy storage technologies was created, incorporating a total of 18 energy storage technologies and 134 technology pages with a total of over 1,800 properties. In this database information on technical maturity, te...

This study uses the scientific and patent literature as a source of data to analyze the relationship between author/inventor contribution spans and the rate of technological progress in two chemical fields. Using survival analysis statistics, the authors examine the probability that an individual will contribute to the field for a specified length of time and the probability that an individual,...

The relationship between the economic structure of a country and its productivity growth has received a lot of attention in recent decades. For instance, several theoretical models in this area now suggest that countries that specialize in technologically progressive industries will enjoy high rates of growth compared to other countries. This paper focuses on the impact of specialization and st...

António M. Lopes 1,*,†, José A. Tenreiro Machado 2,† and Alexandra M. Galhano 2,† 1 UISPA–LAETA/INEGI, Faculty of Engineering, University of Porto, Rua Dr. Roberto Frias, Porto 4200-465, Portugal 2 Institute of Engineering, Polytechnic of Porto, Department of Electrical Engineering, Rua Dr. António Bernardino de Almeida, 431, Porto 4249-015, Portugal; [email protected] (J.A.T.M.); amf@...