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Decomposing TFP growth in the presence of cost inefficiency, nonconstant returns to scale, and technological progress

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Author Info
Paul W. Bauer

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Abstract

A decomposition of observed total factor productivity (TFP) growth that examines changes in returns to scale, cost efficiency, and technology and that develops several decompositions using production and cost frontiers.

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Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number 8813.

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Date of creation: 1988
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Handle: RePEc:fip:fedcwp:8813

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Keywords: Productivity Technology

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  1. M. Spitzer, 1997. "Interregional Comparison of Agricultural Productivity Growth, Technical Progress, and Efficiency Change in China's Agriculture: A Nonparametric Index Approach," Working Papers ir97089, International Institute for Applied Systems Analysis. [Downloadable!]
  2. Noel D. Uri, 2001. "Technical Efficiency, Allocative Efficiency, and the Implementation of a Price Cap Plan in Telecommunications in the United States," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 163-186, May. [Downloadable!]
  3. Fernando Garcia & Jorge Oliveira Pires, 2004. "Productivity of Nations: a stochastic frontier approach to TFP decomposition," Econometric Society 2004 Latin American Meetings 292, Econometric Society. [Downloadable!]
  4. Supawat Rungsuriyawiboon & Spyro Stefanou, 2004. "The Dynamics of Efficiency and Productivity Growth in U. S. Electric Utilities," Working Papers 0711, University of Crete, Department of Economics, revised 00 Aug 2006. [Downloadable!]
  5. David I. Stern, 2004. "Diffusion of Emissions Abating Technology," Rensselaer Working Papers in Economics 0420, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
  6. Giannis Karagiannis & Vangelis Tzouvelekas, . "Real Money Balances and TFP Growth: Evidence from Developed and Developing Countries," Working Papers 0410, University of Crete, Department of Economics. [Downloadable!]
  7. Giannis Karagiannis & Vangelis Tzouvelekas, . "Explaining Output Growth of Sheep Farms in Greece: A Parametric Primal Approach," Working Papers 0306, University of Crete, Department of Economics. [Downloadable!]
  8. Catherine J. Morrison-Paul & Donald S. Siegel, 2006. "Corporate Social Responsibility and Economic Performance," Rensselaer Working Papers in Economics 0605, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
    Other versions:
  9. Massimo Filippini & Joerg Wild, 1998. "The Estimation of an Average Cost Frontier to Calculate Benchmark Tariffs for Electricity Distribution," Working Papers 9803, University of Zurich, Socioeconomic Institute. [Downloadable!]
  10. Supawat Rungsuriyawiboon & Tim Coelli, 2004. "Regulatory Reform and Economic Performance in US Electricity Generation," CEPA Working Papers Series WP062004, School of Economics, University of Queensland, Australia. [Downloadable!]
  11. Giannis Karagiannis & Peter Midmore & Vangelis Tzouvelekas, . "Parametric Decomposition Of Output Growth," Working Papers 0204, University of Crete, Department of Economics. [Downloadable!]
  12. Dhawan, Rajeev & Jochumzen, Peter, 1999. "Stochastic Frontier Production Function With Errors-In-Variables," Working Papers 1999:007, Lund University, Department of Economics. [Downloadable!]
  13. Paul W. Bauer & Allen N. Berger & David B. Humphrey, 1991. "Inefficiency and productivity growth in banking: a comparison of stochastic econometric and thick frontier methods," Working Paper 9117, Federal Reserve Bank of Cleveland. [Downloadable!]
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