Similar Search Results

The relationship between economic growth and democracy : alternative representations of technological change

Heshmati, Almas; Kim, Nam-Seok - 2017

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980-2014 show that democracy had a robust positive impact on economic …

Persistent link: https://www.econbiz.de/10011704213

The Relationship between Economic Growth and Democracy : Alternative Representations of Technological Change

Heshmati, Almas - 2017

This study investigates the relationship between economic growth and democracy by estimating a nation's production … shifters model enabled this study to find possible known channels between economic growth and democracy. Empirical results … based on a panel data of 144 countries observed for 1980–2014 show that democracy had a robust positive impact on economic …

Persistent link: https://www.econbiz.de/10012950922

China's national production function since 1997 : a reinvestigation

Zhu, Yanyuan; Feng, Xiao - 2014

We build China’s national production function based on national accounting data since 1997, when China primarily transformed from the Planned economy to Market. By proxying and measuring stocks of human capital(HC), physical capital and the efficiency units, as well as government expenditure...

Persistent link: https://www.econbiz.de/10010345185

Diffusion of technology and convergence of income among countries

Oz, Sumru - 2014 - Preliminary version; April 9, 2014

Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....

Persistent link: https://www.econbiz.de/10010251655

Chapter 66 The Measurement of Productivity for Nations

Diewert, W. Erwin; Nakamura, Alice O. - In: Handbook of econometrics : volume 6A, (pp. 4501-4586). 2007

This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total …

Persistent link: https://www.econbiz.de/10014024949

Estimation of technical change and TFP growth based on observable technology shifters

Heshmati, Almas; Rashidghalam, Masoomeh - 2016

This paper models and estimates total factor productivity (TFP) growth parametrically. The model is a generalization of the traditional production model where technology is represented by a time trend. TFP growth is decomposed into unobservable technical change, scale economies and observable...

Persistent link: https://www.econbiz.de/10011595871

Estimation of technical change and TFP growth based on observable technology shifters

Heshmati, Almas; Rashidghalam, Masoomeh - 2017

Persistent link: https://www.econbiz.de/10012098960

Forecasting aggregate productivity using information from firm-level data

Bartelsman, Eric J.; Wolf, Zoltán - 2009

This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...

Persistent link: https://www.econbiz.de/10011378362

Nonlinear propagation of sectoral productivity shocks with variable elasticities of substitution

Paul, Saumik; Raju, Dhushyanth - 2023

This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with intersectoral linkages characterized by allowing elasticities of substitution in sectoral outputs and sectoral productivities to vary across sector pairs. Evidence based on a...

Persistent link: https://www.econbiz.de/10014429881

Technology and productivity: a critique of aggregate indicators

Block, Fred L. - 2022

Economic analysts have used trends in total factor productivity (TFP) to evaluate the effectiveness with which economies are utilizing advances in technology. However, this measure is problematic on several different dimensions. First, the idea that it is possible to separate out the relative...

Persistent link: https://www.econbiz.de/10012795772