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Generation and Distribution of Total Factor Productivity Gains in US Industries

Jean-Philippe Boussemart, Hervé Leleu and Edward Edward Mensah
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Edward Edward Mensah: University of Illinois at Chicago and IESEG-School of Management

No 2014-EQM-02, Working Papers from IESEG School of Management

Abstract: This study estimates productivity gains and their distribution among inputs and outputs for American industries over the period 1987-2011 using the traditional surplus accounting method. Total Factor Productivity (TFP) change is traditionally defined as the growth rate of output minus the growth rate of inputs. Since TFP changes determine welfare via price variations, a key issue is to assess which of the inputs and outputs recover price advantages.

Keywords: Surplus Accounting Method; Total Factor Productivity; Factor Income; Distribution; Index Numbers (search for similar items in EconPapers)
JEL-codes: C43 D24 D33 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2014-01
New Economics Papers: this item is included in nep-eff
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Related works:
Journal Article: Generation and distribution of the total factor productivity gains in US industries (2017) Downloads
Working Paper: Generation and distribution of the total factor productivity gains in US industries (2016)
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