Another look at productivity growth in industrialized countries

Springer Science and Business Media LLC - Tập 60 - Trang 257-272 - 2023
Léopold Simar1, Paul W. Wilson2
1Institut de Statistique, Biostatistique, et Sciences Actuarielles (ISBA), LIDAM, Université Catholique de Louvain-la-Neuve, Louvain-la-Neuve, Belgium
2Department of Economics and School of Computing, Clemson University, Clemson, USA

Tóm tắt

This paper discusses early work on productivity change by Färe and Grosskopf and their co-authors. We illustrate the use of recent statistical results by revisiting and updating Färe et al. (1994, AER). We analyze 17 OECD countries, estimating productivity change and its sources as measured by Malmquist indices and various decompositions. We describe and use recent theoretical results to make inferences, thereby quantifying what is learned from the data as opposed to merely providing point estimates.

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