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Real Money Balances and TFP Growth: Evidence from Developed and Developing Countries

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Author Info
Giannis Karagiannis () (Department of Economics, University of Macedonia, Greece)
Vangelis Tzouvelekas () (Department of Economics, University of Crete, Greece)

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Paper provided by University of Crete, Department of Economics in its series Working Papers with number 0410.

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Length: 22 pages
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Handle: RePEc:crt:wpaper:0410

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  1. Nourzad, Farrokh, 2002. "Real money balances and production efficiency: a panel-data stochastic production frontier study," Journal of Macroeconomics, Elsevier, vol. 24(1), pages 125-134, March. [Downloadable!] (restricted)
  2. Prais, Zmira, 1975. "Real Money Balances as a Variable in the Production Function: A Comment," The Review of Economics and Statistics, MIT Press, vol. 57(2), pages 243-44, May. [Downloadable!] (restricted)
  3. William H. Greene, 1993. "Frontier Production Functions," Working Papers 93-20, New York University, Leonard N. Stern School of Business, Department of Economics.
  4. Kodde, David A & Palm, Franz C, 1986. "Wald Criteria for Jointly Testing Equality and Inequality Restriction s," Econometrica, Econometric Society, vol. 54(5), pages 1243-48, September. [Downloadable!] (restricted)
  5. Claassen, Emil-Maria, 1975. "On the Indirect Productivity of Money," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 431-36, April. [Downloadable!] (restricted)
  6. Jondrow, James & Knox Lovell, C. A. & Materov, Ivan S. & Schmidt, Peter, 1982. "On the estimation of technical inefficiency in the stochastic frontier production function model," Journal of Econometrics, Elsevier, vol. 19(2-3), pages 233-238, August. [Downloadable!] (restricted)
  7. Prais, Zmira, 1975. "Real Money Balances as a Variable in the Production Function: Comment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 7(4), pages 535-43, November. [Downloadable!] (restricted)
  8. Subal Kumbhakar & M. Denny & M. Fuss, 2000. "Estimation and decomposition of productivity change when production is not efficient: a paneldata approach," Econometric Reviews, Taylor and Francis Journals, vol. 19(4), pages 312-320. [Downloadable!] (restricted)
  9. Subrahmanyam, Ganti, 1980. "Real Money Balances as a Factor of Production: Some New Evidence," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 280-83, May. [Downloadable!] (restricted)
  10. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July. [Downloadable!] (restricted)
  11. Stevenson, Rodney E., 1980. "Likelihood functions for generalized stochastic frontier estimation," Journal of Econometrics, Elsevier, vol. 13(1), pages 57-66, May. [Downloadable!] (restricted)
  12. Sinai, Allen & Stokes, Houston H, 1972. "Real Money Balances: An Omitted Variable from the Production Functions?," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 290-96, August. [Downloadable!] (restricted)
  13. Fischer, Stanley, 1974. "Money and the Production Function," Economic Inquiry, Oxford University Press, vol. 12(4), pages 517-33, December.
  14. Paul W. Bauer, 1988. "Decomposing TFP growth in the presence of cost inefficiency, nonconstant returns to scale, and technological progress," Working Paper 8813, Federal Reserve Bank of Cleveland. [Downloadable!]
  15. Short, Eugenie Dudding, 1979. "A New Look at Real Money Balances as a Variable in the Production Function," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 326-39, August. [Downloadable!] (restricted)
  16. Chan, M W Luke & Mountain, Dean C, 1983. "Economies of Scale and the Tornqvist Discrete Measure of Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 65(4), pages 663-67, November. [Downloadable!] (restricted)
  17. Khan, Ashfaque H & Ahmad, Mushtaq, 1985. "Real Money Balances in the Production Function of a Developing Country," The Review of Economics and Statistics, MIT Press, vol. 67(2), pages 336-40, May. [Downloadable!] (restricted)
  18. Peter Schmidt, 1985. "Frontier production functions," Econometric Reviews, Taylor and Francis Journals, vol. 4(2), pages 289-328. [Downloadable!] (restricted)
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