Oh, Donghyun; Heshmati, Almas; Lööf, Hans - Centre of Excellence for Science and Innovation … - 2009
This paper presents the parametric estimation of the rates of technical change and total factor productivity (TFP) growth of 7,462 Korean manufacturing firms for the period 1987 to 2007. Two alternative formulations of technical change measured by the time trend and the general index approaches...