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International Comparison of Total Factor Productivity: A Review

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  • Islam, Nazrul

Abstract

Several different approaches to international comparison of Total Factor Productivity (TFP) have now emerged. Among these are the time-series approach, the panel approach, and the cross-section approach. This paper compares methodologies of these different approaches and results that have been obtained from their application. The comparison of results is conducted in the context of two samples, namely the sample of G7 countries and a large sample that includes developing nations. It is found that while there are broad agreements in results, there exist considerable differences too. The analysis shows how these differences can be related, in part, to differences in methodology. The paper also shows how these different approaches to international TFP-comparison can play a complementary role in enhancing our understanding of such important phenomena as technological diffusion and TFP-convergence. Copyright 1999 by The International Association for Research in Income and Wealth.

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Bibliographic Info

Article provided by International Association for Research in Income and Wealth in its journal Review of Income & Wealth.

Volume (Year): 45 (1999)
Issue (Month): 4 (December)
Pages: 493-518

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Handle: RePEc:bla:revinw:v:45:y:1999:i:4:p:493-518

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Cited by:
  1. Fulvio Castellacci, 2011. "Closing the Technology Gap?," Review of Development Economics, Wiley Blackwell, vol. 15(1), pages 180-197, 02.
  2. Danquah, Michael & Ouattara, Osman & Speight, Alan, 2010. "Productivity growth, human capital and distance to frontier in Sub-Saharan Africa," Proceedings of the German Development Economics Conference, Hannover 2010 54, Verein für Socialpolitik, Research Committee Development Economics.
  3. Maria Gabriela Ladu, 2010. "Total Factor Productivity Estimates: Some Evidence from European Regions," WIFO Working Papers 380, WIFO.
  4. Rosa Bernardini Papalia & Silvia Bertarelli, 2013. "Nonlinearities in economic growth and club convergence," Empirical Economics, Springer, vol. 44(3), pages 1171-1202, June.
  5. Doireann Fitzgerald & Juan Carlos Hallak, 2002. "Specialization, Factor Accumulation and Development," Working Papers 488, Research Seminar in International Economics, University of Michigan.
  6. Castellacci, Fulvio & Archibugi, Daniele, 2008. "The technology clubs: The distribution of knowledge across nations," Research Policy, Elsevier, vol. 37(10), pages 1659-1673, December.
  7. Mishra, Tapas & Jumah, Adusei & Parhi, Mamata, 2008. "Age-structured Human Capital and Spatial Total Factor Productivity Dynamics," Economics Series 226, Institute for Advanced Studies.
  8. Johanna Vogel, 2012. "The Two Faces of R&D and Human Capital: Evidence from Western European Regions," Economics Series Working Papers 599, University of Oxford, Department of Economics.
  9. MG. Ladu, 2006. "Total Factor Productivity Estimates: Some Evidence from European Regions," Working Paper CRENoS 200606, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  10. Charles R. Hulten & Sylaja Srinivasan, 1999. "Indian Manufacturing Industry: Elephant or Tiger? New Evidence on the Asian Miracle," NBER Working Papers 7441, National Bureau of Economic Research, Inc.
  11. Castellacci, Fulvio, 2008. "Technology clubs, technology gaps and growth trajectories," Structural Change and Economic Dynamics, Elsevier, vol. 19(4), pages 301-314, December.
  12. Donald R. Davis & David E. Weinstein, 2002. "Technological superiority and the losses from migration," Discussion Papers 0102-60, Columbia University, Department of Economics.
  13. Pedro Cavalcanti Ferreira & Samuel de Abreu Pessôa & Fernando A. Veloso, 2005. "On The Tyranny of Numbers: East Asian Miracles in World Perspective," IBMEC RJ Economics Discussion Papers 2005-10, Economics Research Group, IBMEC Business School - Rio de Janeiro.
  14. Stéphane Blancard & Jean-Philippe Boussemart & Walter Briec & Kristiaan Kerstens, 2007. "Technology Adoption in French Agriculture and the Role of Financial Constraints," INRA UMR CESAER Working Papers 2007/1, INRA UMR CESAER, Centre d'’Economie et Sociologie appliquées à l'’Agriculture et aux Espaces Ruraux.
  15. Rumen Dobrinsky, 2003. "Convergence in Per Capita Income Levels, Productivity Dynamics and Real Exchange Rates in the EU Acceding Countries," Empirica, Springer, vol. 30(3), pages 305-334, September.
  16. R. Paci & R. Pala & E. Marrocu, 2000. "Estimation of total factor productivity for regions and sectors in Italy. A panel cointegration approach," Working Paper CRENoS 200016, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

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