Biased technological change plays an important role in the growth of total factor productivity, TFP. This paper measures TFP and decomposes it into biased technology and technical efficiency. We suggest an alternative production function of Zhang (2019) to generate consistent estimates. By using...

This paper measures total factor productivity and decomposes it into biased technical change and technical efficiency by using the data of Chinese industrial firms. We suggest an alternative production function to generate consistent estimates. We find that the capital-augmenting and...