Cross-country comparisons of industry total factor productivity: theory and evidence
Abstract
International trade economists typically assume that TFP for each industry is the same in every country. This paper casts doubt on this hypothesis, finding large and persistent TFP differences across countries. The paper considers measurement issues in depth, and a methodology for international TFP comparisons is described. This methodology is applied to a dataset on prices, inputs, and outputs for a group of industrialized countries in the 1980s. The paper finds that the United States was the TFP leader in machinery and equipment during the 1980s, with Japan slightly behind. These results are compared to the previous literature on disaggregated TFP comparisons.Download Info
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Paper provided by Federal Reserve Bank of New York in its series Research Paper with number 9734.Length:
Date of creation: 1997
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Handle: RePEc:fip:fednrp:9734
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Keywords: Industrial productivity;References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Harrigan, James, 1997.
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"Estimation of cross-country differences in industry production functions,"
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- James Harrigan, 1998. "Estimation of cross-country differences in industry production functions," Staff Reports 36, Federal Reserve Bank of New York.
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- James Harrigan, 1997. "Estimation of Cross-Country Differences in Industry," NBER Working Papers 6121, National Bureau of Economic Research, Inc.
- Harrigan, James, 1997.
"Technology, Factor Supplies, and International Specialization: Estimating the Neoclassical Model,"
American Economic Review,
American Economic Association, vol. 87(4), pages 475-94, September.
- James Harrigan, 1996. "Technology, Factor Supplies and International Specialization: Estimating the Neoclassical Model," NBER Working Papers 5722, National Bureau of Economic Research, Inc.
- James Harrigan, 1996. "Technology, factor supplies, and international specialization: estimating the neoclassical model," Staff Reports 15, Federal Reserve Bank of New York.
- Herrendorf, Berthold & Teixeira, Arilton, 2002. "How Trade Policy Affects Technology Adoption and Productivity," CEPR Discussion Papers 3486, C.E.P.R. Discussion Papers.
- James Harrigan, 2001.
"Specialization and the Volume of Trade: Do the Data Obey the Laws?,"
NBER Working Papers
8675, National Bureau of Economic Research, Inc.
- James Harrigan, 2001. "Specialization and the volume of trade: do the data obey the laws?," Staff Reports 140, Federal Reserve Bank of New York.
- Scarpetta, Stefano & Tressel, Thierry, 2004.
"Boosting productivity via innovation and adoption of new technologies : any role for labor market institutions?,"
Policy Research Working Paper Series
3273, The World Bank.
- Scarpetta, Stefano & Tressel, Thierry, 2004. "Boosting productivity via innovation and adoption of new technologies : any role for labor market institutions?," Social Protection Discussion Papers 29144, The World Bank.
- Morrow, Peter M., 2010. "Ricardian-Heckscher-Ohlin comparative advantage: Theory and evidence," Journal of International Economics, Elsevier, vol. 82(2), pages 137-151, November.
- Harrigan, James, 1999.
"Estimation of cross-country differences in industry production functions,"
Journal of International Economics,
Elsevier, vol. 47(2), pages 267-293, April.
- James Harrigan, 1998. "Estimation of cross-country differences in industry production functions," Staff Reports 36, Federal Reserve Bank of New York.
- Giorgio Barba Navaretti & Marzio Galeotti & Alessandra Tucci, 2002. "Do Not Get Trapped into Crossing: Indian Firms and Foreign Markets," Development Working Papers 170, Centro Studi Luca d\'Agliano, University of Milano.
- Kei-Mu Yi, 2000.
"Can vertical specialization explain the growth of world trade?,"
Staff Reports
96, Federal Reserve Bank of New York.
- Kei-Mu Yi, 2003. "Can Vertical Specialization Explain the Growth of World Trade?," Journal of Political Economy, University of Chicago Press, vol. 111(1), pages 52-102, February.
- Roberto ESPOSTI, 2008.
"Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions,"
Working Papers
319, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Esposti, Roberto, 2008. "Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43955, European Association of Agricultural Economists.
- Berthold Herrendorf & Arilton Teixeira, .
"How Barriers to International Trade Affect TFP,"
Working Papers
2167724, Department of Economics, W. P. Carey School of Business, Arizona State University.
- Berthold Herrendorf & Arilton Teixeira, 2005. "How Barriers to International Trade Affect TFP," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 8(4), pages 866-876, October.
- Marta Simões & Adelaide Duarte, 2007. "Education and growth: an industry-level analysis of the Portuguese manufacturing," GEMF Working Papers 2007-03, GEMF - Faculdade de Economia, Universidade de Coimbra.
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