Cross-Sectoral Patterns of Efficiency and Technical Change in Manufacturing
AbstractThis article uses data from 11 countries for 19 years to investigate the forces driving output change in 6 manufacturing sectors. A flexible model is adopted that allows for the decomposition of output changes into three types of change: technical, efficiency, and input. This framework allows, among other things, for the investigation of (1) the relative roles of the three components of output growth in each sector, (2) the manner in which efficiency change moves over the business cycle, and (3) potential technical spillovers from one sector to another.
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Bibliographic InfoArticle provided by Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association in its journal International Economic Review.
Volume (Year): 42 (2001)
Issue (Month): 1 (February)
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