Another Look at the Inflation-Productivity Trade-Off

G.C. Bitros and E.J. Panas

DEOS Working Papers from Athens University of Economics and Business

Abstract: Our aim in this paper is to test the robustness of the relation between total factor productivity growth and inflation to the specifications of the model adopted for its identification. In doing so we estimate a generalized Box-Box cost function using data from the two-digit Standard Industrial Classification of manufacturing industries in Greece during the period 1964-1980.

Keywords: ECONOMIC GROWTH; INFLATION; PRODUCTIVITY (search for similar items in EconPapers)
JEL-codes: E31 O47 (search for similar items in EconPapers)
Pages: 19 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:aue:wpaper:0099-11

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