Total Factor Productivity Decomposition Using TL Results

Contexts in source publication

Context 1

... TC = y/t = β 6 is the shift in the production frontier over time, TE∆ = −u it /t is the change in efficiency, and can be interpreted as a measure of total factor productivity growth minus the rising input levels that characterized growth such as the East Asian Growth "Miracle". The total factor productivity results calculated from the lagged input models are reported in Table 5. Once the KWSPF model estimates including the matrix of technical efficiency scores by year and municipio are derived, the initial 1990 vector of technical efficiency scores is used as a regressor in a standard convergence equation measuring absolute and conditional convergence. ...

Context 2

... estimate of  (Table 3) Table 5. Productivity change is positive without scale effects, but once these are considered as well both variants 2 & 3 indicate diseconomies of scale large enough to make TFP growth negative (Table 5) similar to Kumbhakar & Wang's (2005) world production frontier results. ...

Context 3

... estimate of  (Table 3) Table 5. Productivity change is positive without scale effects, but once these are considered as well both variants 2 & 3 indicate diseconomies of scale large enough to make TFP growth negative (Table 5) similar to Kumbhakar & Wang's (2005) world production frontier results. Productivity is more positive in the case of variant three as it includes a statistically significant shift albeit with a low value. ...