Total factor productivity estimation in Peru: Primal and dual approaches

Nikita Cespedes Reynaga and Nelson R. Ramírez-Rondán

No 2014-377, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: 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 1.6%, adjusted for the quality and usage of the factors of production. According to the dual method, a procedure that considers estimations of the marginal productivities of the factors of production, TFP grew at an annual rate of 1.7%. JEL Classification-JEL: C23, E23, O47

Keywords: Productivity; Primal; Dual; Peru; Solow residual (search for similar items in EconPapers)
Pages: 21 pages
Date: 2014
New Economics Papers: this item is included in nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published

Downloads: (external link)
http://files.pucp.edu.pe/departamento/economia/DDD377.pdf (application/pdf)

Related works:
Journal Article: Total Factor Productivity Estimation in Peru: Primal and Dual Approaches (2014)
Working Paper: Total Factor Productivity Estimation in Peru: Primal and Dual Approaches (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pcp:pucwps:wp00377

Access Statistics for this paper

More papers in Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú Av. Universitaria 1801, San Miguel, Lima, Perú. Contact information at EDIRC.
Bibliographic data for series maintained by ().