Céspedes, Nikita; Ramírez-Rondán, Nelson - Peruvian Economic Association - PEA - 2014
In this paper we estimate total factor productivity (TFP) growth for the Peruvian economy using the primal and dual methods for the period 2003-2012. According to the primal method, a procedure that uses the Solow residual as an indicator of productivity, TFP grew at an average annual rate of...