La productividad total de los factores en los países desarrollados. Componentes y factores determinantes
AbstractThis paper provides the calculation of total factor productivity (TFP) in ten manufacturing industries for a sample of six developed countries. To achieve it, two non-parametric approaches have been applied. In one of them, the TFP index has been broken down into its two basic components: technological change and efficiency change and the value of the capacity of both national and foreign R&D capital. The results of our estimates suggest that domestic R&D capital and the spillovers from foreign R&D capital are decisive to account for the technological change. On the contrary, efficiency change cannot be explained by variables that are representative of technological capital.
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Bibliographic InfoArticle provided by Gobierno Vasco / Eusko Jaurlaritza / Basque Government in its journal EKONOMIAZ.
Volume (Year): 68 (2008)
Issue (Month): 02 ()
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Postal: Dpto. de Hacienda y Finanzas, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain
Find related papers by JEL classification:
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