This note shows that differences (across sectors or regions) in the effective price of inputs results in low measured total factor productivity (TFP).

This work examines the presence of unobserved components in the time series of Total Factor Productivity, which is an idea central to modern Macroeconomics. The main approaches in both the study of economic growth and the study of business cycles rely on certain properties of the different components of the time series of Total Factor Productivity. In the study of economic growth, the Neoclassi...

This article identifies environmental pollution as a result of unnecessary use of scarce resources or a substance released to the air, water, or land that could harm human health or the environment. It is proposed that instead of incurring cost to remedy an environmental disaster or to prevent pollution through investment in carbon intensive energy infrastructure, a more practical and cost effe...

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 ...

the last decade has ushered in a rapidly expanding global discussion regarding acellular dermal matrix (adm) applications, economic analyses, technical considerations, benefits, and risks, with recent emphasis on adm use in breast surgery. this study aims to evaluate global trends in adm research using bibliometric analysis. the top nine plastic surgery journals were determined by impact factor...

This paper presents and estimates a dynamic stochastic general equilibrium model in which labor reallocations between production and organizational tasks and endogenous movements in measured TFP serve as an ampli…cation mechanism in business cycles. In our model, the organizational tasks are related to accumulation of organizational capital which enhances the …nancial relationships between …rms...