Productivity with General Indices of Management and Technical Change

Thomas Triebs and Subal Kumbhakar

No 144, ifo Working Paper Series from ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Abstract: We propose a model of production where technical change is both time and management induced. We define a general management index in addition to the general time index of Baltagi and Griffin (1988) and use them as arguments in the translog production function. Time and management induced technical change are then defined in terms of these general indices. For comparison, we also consider models in which time and management are specified as continuous variables. We report empirical results for a sample of manufacturing firms in the US, UK, Germany and France.

JEL-codes: D24 M11 O33 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Journal Article: Productivity with general indices of management and technical change (2013)
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