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  • Search: subject:"Total factor productivity persistence"
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Africa 1 Bayesian mechanism 1 Total factor productivity persistence 1 stochastic unit root 1 time varying dependence 1
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English 1
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Mishra, Tapas 1 Ouattara, Bazoumana 1 Parhi, Mamata 1
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Economics Bulletin 1
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A Note on Shock Persistence in Total Factor Productivity Growth
Mishra, Tapas; Ouattara, Bazoumana; Parhi, Mamata - In: Economics Bulletin 31 (2011) 2, pp. 1869-1893
We study implications of persistence of shocks in total factor productivity (TFP) growth under Bayesian framework for a set of African countries over the period 1970-2003. Contrary to convention, we find that stochastic unit root is present for most of the African countries and that there is...
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