The role of environmental factors in growth accounting

Byung M. Jeon and Robin C. Sickles
Additional contact information
Byung M. Jeon: Korea Institute of Public Finance, Seoul, Korea, Postal: Korea Institute of Public Finance, Seoul, Korea

Journal of Applied Econometrics, 2004, vol. 19, issue 5, pages 567-591

Abstract: This paper explores a relatively new methodology, the directional distance function method, to analyse productivity growth. The method allows us to explicitly evaluate the role that undesirable outputs of the economy, such as carbon dioxide and other greenhouse gases, have on the frontier production process which we specify as a piecewise linear and convex boundary function. We decompose productivity growth into efficiency change (catching up) and technology change (innovation). We test the statistical significance of the estimates using recently developed bootstrap methods. We also explore implications for growth of total factor productivity in the OECD and Asian economies. Copyright © 2004 John Wiley & Sons, Ltd.

Date: 2004
View list of references View citations in EconPapers

Downloads: (external link)
http://hdl.handle.net/10.1002/jae.769 Link to full text; subscription required (text/html)
http://qed.econ.queensu.ca:80/jae/2004-v19.5/ Supporting data files and programs (text/html)

Related works:
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: http://EconPapers.repec.org/RePEc:jae:japmet:v:19:y:2004:i:5:p:567-591

Ordering information: This journal article can be ordered from
http://www3.intersci ... e.jsp?issn=0883-7252

Access Statistics for this article

Journal of Applied Econometrics is edited by M. Hashem Pesaran

More articles in Journal of Applied Econometrics from John Wiley & Sons, Ltd.
Series data maintained by Christopher F. Baum ().