Decomposing TFP growth in the presence of cost inefficiency, nonconstant returns to scale, and technological progress

Paul Bauer ()

No 8813, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: A decomposition of observed total factor productivity (TFP) growth that examines changes in returns to scale, cost efficiency, and technology and that develops several decompositions using production and cost frontiers.

Keywords: Productivity; Technology (search for similar items in EconPapers)
Date: 1988
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