Productivity and technical change: Measurement and testing

This paper considers two specifications, namely, the time trend (TT) and general index (GI) of technical change. These models are extended to accommodate the TFP growth accounting relationship in to the econometric model. We also propose a formal test to determine whether the TT or the GI model is appropriate for the data. Copyright Springer-Verlag 2004

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Year of publication:	2004
Authors:	Kumbhakar, Subal C.
Published in:	Empirical Economics. - Department of Economics and Finance Research and Teaching. - Vol. 29.2004, 1, p. 185-191
Publisher:	Department of Economics and Finance Research and Teaching
Subject:	Total factor productivity growth \| Divisia index \| technical change \| returns to scale

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005166680