 The Global Trends of Total Factor Productivity. Evidence from the Nonparametric Malmquist Index ApproachJens Krüger () Working Paper Series B from Friedrich Schiller University of Jena, School of of Economics and Business Administration Abstract: In this paper the Malmquist index of total factor productivity is applied to a sample of 87 countries observed over the period 1960-90. This index and the method needed to quantify it, the data envelopment analysis, has substantial advantages as compared to traditional growth accounting. Two of these advantages are that it does not rely on questionable equilibrium assumptions to merge multiple inputs into a single index and that the rate of total factor productivity growth can explicitly be decomposed into a measure of efficiency change and the rate of technological progress. Results are reported both in the form of growth rates and measures of relative productivity levels. In each case related labour productivity measures are calculated and the differences to the total factor productivity measures are analysed. Among the topics covered are the productivity slowdown, the Asian Miracle and the bimodality of the distribution of relative producitivity levels. Keywords: nonparametric productivity measurement; Malmquist index; growth accounting; productivity levels; distribution dynamics (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:jen:jenavo:2001-01 Access Statistics for this paper More papers in Working Paper Series B from Friedrich Schiller University of Jena, School of of Economics and Business Administration |
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