For several years researchers & practitioners have been concerned about the impact of investments in Information & Communication Technologies (ICT) on productivity. The research framework of neoclassical growth accounting is widely used in this area of research on IT & Productivity. While several studies have explored the relationship between investments in ICT and metrics such as GDP, the link...

In this evolutionary model, random shocks create differences in the rate of return on capital, while individual saving and investment behavior can reduce these differences over time. Firms with either low total factor productivity (TFP) or a low average return on capital are selected for exit, and new firms enter to take their place. As would be expected, a higher turnover rate improves TFP and...

We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a joint stochastic process for the energy price and TFP and establish that until the second quarter of 1982, energy prices negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic stochastic general equilibrium ...

We study how total factor productivity (TFP), energy prices and the great moderation are linked. First, we estimate a joint stochastic process for the energy price and TFP and establish that until 1982:II, energy prices negatively affected productivity. This spill-over has since disappeared. Second, we show that within the framework of a Dynamic Stochastic General Equilibrium (DSGE) model, the ...

Recognizing the critical role of agricultural sector in the overall growth as well as development performance, this study estimates total factor productivity (TFP) in Indian agriculture at state-level. Using Index of Agricultural Production as the measure of output, changes in TFP are estimated using non-parametric Sequential Malmquist TFP index. The TFP change is decomposed into efficiency cha...

in this study, total factor productivity(tfp) growth of sugar beet in iran during 1989-1990 through 2007-2008 was analyzed, using nonparametric malmquist approach. so, amounts of inputs usage including seeds, fertilizers, insecticides, herbicides, labor, water use and acreage in one hand and output of sugar beet production on the hand were taken into account. results showed that sugar beet prod...

Random fluctuations in temperature and precipitation have substantial impacts on agricultural output. However, the contribution of these changing configurations in weather to total factor productivity (TFP) growth has not been addressed explicitly in econometric analyses. Thus, the key objective of this study is to quantify and to investigate the role of changing weather patterns in explaining ...

abstract-due to the important role productivity plays in future decision making and programming, the productivity indexes should have accurate quantities. in this study, auto-regressive distributed lag (ardl) and genetic algorithm (ga) methods are applied to time series of 1978-2008 to accurately measure total factor productivity (tfp) in the agricultural sector of iran. the comparison of these...

Gambling is one of the fastest growing service industries. Unfortunately, there have been no studies of total factor productivity (TFP) in this sector. The purpose of this paper is to fill this gap, based on an analysis of U.K. establishment-level data. These data are derived from the Annual Respondents Database (ARD) file, constructed by the U.K. Office for National Statistics, consisting of i...

Foreign direct investment (FDI) has dramatically increased worldwide and is the most important form of all private capital flows to developing countries. Yet, it is an important empirical question whether FDI affects total factor productivity (TFP) positively. We investigate the effect of FDI on TFP growth in a large sample of countries in 1970–2000. Our econometric results indicate that FDI ha...