Divisia money is a monetary aggregate that gives each component an assigned weight. We use an evolutionary neural network to calculate new Divisia weights for each component utilising the Bank of England monetary data for the U.K. We propose a new money aggregate using our newly derived weights to carry out quantitative inflation prediction. The results show that this new money aggregate has be...

Technology innovation is an important impacting factor for the change of total factor productivity. DEA-Malmquist index method is used to calculate the TFP in China from 1995 to 2014. It shows that R&D expenditure intensity and TFP have strong relationship based on the calculated grey relational analysis between R&D expenditure intensity, personnel FTE with TFP in this article. Moreover, we use...

The improvement of industrial green TFP is crucial for the sustainability economy and environment. And eco-innovation directly improves TFP. However, there are few studies on relation between Based relevant data from 2006-2015 30 provinces in China, using SBM model this study firstly evaluates each province by measuring desirable output undesirable output. Then measured patent application quant...

the main objective of this study is to investigate the production factors productivity in large manufacturing sub-sectors. for this purpose, using statistical data for period 1972-2004, we have tried to study and analyze the trend and level of production factors productivity (partial and total productivity) in each sub-sectors classified according to isic two digits code. the average and margin...

This paper empirically examines the effect of market competition – measured either by the Herfindahl Index or the Lerner Index – on productivity growth and R&D intensity using micro data for Japan’s manufacturing sector. We found evidence of an inverted U-shaped relationship between competition and innovation when we use the Herfindahl Index as a measure of competition in the market. In additio...

Does trade liberalization foster total factor productivity (TFP) growth in the manufacturing sector? Does sectoral trade orientation determine sectoral TFP levels and growth rates? These questions are addressed using pooled pre-and post-liberalization panel data from Cameroonian firms of eight manufacturing industries. A single production function for the whole manufacturing sector is estimated...

The Fisher ideal total factor productivity (TFP) index requires complete quantity and price information. If input-output quantities are allocatively efficient, the Fisher index can be approximated by the Malmquist TFP index, which does not require price information. This paper elaborates on the conditions under which the Malmquist and Fisher indexes are equivalent. Drawing from these insights, ...