Many models of economic growth exclude materials, energy and other intermediate inputs from the production function. Growing environmental pressures and resource prices suggest that this may be increasingly inappropriate. This paper explores the relationship between intermediate input intensity, productivity and national accounts using a panel dataset of manufacturing subsectors in the USA over...

Through their influence on the cross-sectional distribution of productivity across firms and workers, job creation and destruction likely have an impact on the rate at which aggregate productivity changes over time. However, the nature of this effect is not, a priori, clear. While a broad consensus has emerged suggesting that job destruction enhances productivity by eliminating inefficient prod...

In this paper, we measure productivity growth of the information technology (IT) industries in fourteen OECD countries over the thirteen-year period of 1978 through 1990. The IT industries are the providers of IT capital goods, and this macro-level analysis seeks to find out how efficiently IT capital goods are produced. The basic unit of analysis employed is the Malmquist Total Factor Producti...

T to the massive infusion of detailed production activity data into economic study over the past couple of decades, researchers in many fields have learned a great deal about how firms turn inputs into outputs. Productivity, the efficiency with which this conversion occurs, has been a topic of particular interest. The particulars of these studies have varied depending on the researchers’ specif...

This paper documents the total factor productivity (TFP) growth path from 1998 to 2013 using both the aggregate data and the firm-level data of China. We find that the TFP growth is positive from 1998 to 2011 and then turn to flat and even negative. And careful comparison between the state-owned enterprises (SOEs) and private firms reveals that the slowing down of TFP growth of the SOEs is the ...

Using a newly constructed China Industrial Productivity (CIP) data set, this study adopts the Jorgensonian aggregate production possibility frontier (APPF) framework incorporating Domar weights to account for the industry origin of China’s aggregate growth for the period 1980-2010. We show that 7.14 percentage points of China’s gross domestic product (GDP) growth of 9.16% per annum can be attri...

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 ...

What accounts for income per capita and total factor productivity (TFP) differences across countries? We study resource misallocation heterogeneous production units in a general equilibrium model where establishment size are affected by policy distortions. solve the closed form show that distortions have substantial negative effect on growth, average size, aggregate productivity. Calibrating di...

A vast theoretical and empirical literature has been devoted to exploring the relationship between environmental regulation total factor productivity (TFP), but no consensus reached reason may be attributed fact that resource reallocation effect of is ignored. In this paper, we introduce misallocation in process discussing impact on TFP, taking China’s provincial industrial panel data from 1997...