60 años de productividad: Enfoques para su estimación en Nicaragua

60 years of productivity: Approaches to its estimation in Nicaragua

Laura Angulo, Raúl Godínez and Axsell López

MPRA Paper from University Library of Munich, Germany

Abstract: This research addresses the estimation of total factor productivity for Nicaragua throughout the period 1960-2019 by means of three methods: Solow residual, direct substitution method, and Malmquist index. Based on the results obtained, it is concluded that the direct substitution method is more favorable in long series for the Nicaraguan economy given its particular historical evolution and that the contribution of productivity to economic growth averaged 18 %.

Keywords: Nicaragua; productivity; Solow residual; Malmquist Index; Direct substitution (search for similar items in EconPapers)
JEL-codes: C22 E12 E13 E23 O40 (search for similar items in EconPapers)
Date: 2020-12-24
New Economics Papers: this item is included in nep-his and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:104943

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