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- Convergence In Oecd Countries: Technical Change, Efficiency And Productivity

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Author Info
Joaquín Maudos Villarroya (Instituto Valenciano de Investigaciones Económicas)
José Manuel Pastor Monsálvez (Universitat de València)
Lorenzo Serrano Martínez (Universitat de València)

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Abstract

The aim of this study is to analyze labor productivity convergence in the countries of the OECD over the period 1965-90. A non-parametric frontier approach is used to calculate the Malmquist productivity index. By breaking it down, the contribution to the growth of labor productivity of technical progress, of changes in efficiency, and of the accumulation of inputs per worker are quantified. Unlike other studies, the results obtained show that technical change has worked against labor productivity convergence, since it has always been greater in the countries with higher labor productivity. El trabajo tiene como objetivo básico analizar la contribución de las distintas fuentes del crecimiento a la convergencia en productividad del trabajo en los países de la OCDE en el periodo 1965-90. Más concretamente, y utilizando dos aproximaciones frontera distintas (índices de productividad de Malmquist y un enfoque de frontera estocástica), se distingue la contribución del cambio técnico y de los cambios de eficiencia a la convergencia en productividad del trabajo. Los resultados obtenidos contradicen los obtenidos en otros trabajos que utilizan aproximaciones no frontera a la medición de la productividad, rechazándose la existencia de convergencia tecnológica, dado que el progreso técnico ha sido mayor en los países con mayor productividad del trabajo.

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Publisher Info
Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie EC with number 1998-21.

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Length: 32 pages
Date of creation: Oct 1998
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Publication status: Published by Ivie
Handle: RePEc:ivi:wpasec:1998-21

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Keywords: Convergencia; cambio técnico; eficiencia; índice Malmquist de productividad Convergence; technical change; efficiency; Malmquist productivity index;

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References listed on IDEAS
Please 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.:
  1. Grifell-Tatje, E. & Lovell, C. A. K., 1997. "The sources of productivity change in Spanish banking," European Journal of Operational Research, Elsevier, vol. 98(2), pages 364-380, April. [Downloadable!] (restricted)
  2. Fare, Rolf & Knox Lovell, C. A., 1978. "Measuring the technical efficiency of production," Journal of Economic Theory, Elsevier, vol. 19(1), pages 150-162, October. [Downloadable!] (restricted)
  3. Taskin, Fatma & Zaim, Osman, 1997. "Catching-up and innovation in high- and low-income countries," Economics Letters, Elsevier, vol. 54(1), pages 93-100, January. [Downloadable!] (restricted)
  4. Caves, Douglas W & Christensen, Laurits R & Diewert, W Erwin, 1982. "The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity," Econometrica, Econometric Society, vol. 50(6), pages 1393-1414, November. [Downloadable!] (restricted)
  5. Joaquín Maudos Villarroya & José Manuel Pastor Monsálvez & Lorenzo Serrano Martínez, 1997. "Convergencia En Las Regiones Españolas: Cambio Técnico, Eficiencia Y Productividad," Working Papers. Serie EC 1997-20, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  6. Perelman, Sergio, 1995. "R&D, Technological Progress and Efficiency Change in Industrial Activities," Review of Income and Wealth, Blackwell Publishing, vol. 41(3), pages 349-66, September.
  7. Baumol, William J & Wolff, Edward N, 1988. "Productivity Growth, Convergence, and Welfare: Reply," American Economic Review, American Economic Association, vol. 78(5), pages 1155-59, December. [Downloadable!] (restricted)
  8. Abramovitz, Moses, 1990. "The Catch-Up Factor in Postwar Economic Growth," Economic Inquiry, Oxford University Press, vol. 28(1), pages 1-18, January.
  9. Bernard, Andrew B & Jones, Charles I, 1996. "Technology and Convergence," Economic Journal, Royal Economic Society, vol. 106(437), pages 1037-44, July. [Downloadable!] (restricted)
  10. Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December. [Downloadable!] (restricted)
  11. 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)
  12. Fare, Rolf & Shawna Grosskopf & Mary Norris & Zhongyang Zhang, 1994. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries," American Economic Review, American Economic Association, vol. 84(1), pages 66-83, March. [Downloadable!] (restricted)
  13. Bernard, Andrew B & Jones, Charles I, 1996. "Productivity across Industries and Countries: Time Series Theory and Evidence," The Review of Economics and Statistics, MIT Press, vol. 78(1), pages 135-46, February. [Downloadable!] (restricted)
    Other versions:
  14. Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, vol. 46(02), pages 385-406, June. [Downloadable!]
Full references

Cited by:
(explanations, Please 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.)

  1. Dimitris Margaritis & Rolf Färe & Shawna Grosskopf, 2007. "Productivity, convergence and policy: a study of OECD countries and industries," Journal of Productivity Analysis, Springer, vol. 28(1), pages 87-105, October. [Downloadable!] (restricted)
  2. Carlos Pestana Barros, 2002. "Small Countries And The Consolidation Of The European Defence Industry: Portugal As A Case Study," Defence and Peace Economics, Taylor and Francis Journals, vol. 13(4), pages 311-319, January. [Downloadable!] (restricted)
  3. Jose Zofio, 2007. "Malmquist productivity index decompositions: a unifying framework," Applied Economics, Taylor and Francis Journals, vol. 39(18), pages 2371-2387. [Downloadable!] (restricted)
    Other versions:
  4. Guy S. Liu & Xiaming Liu & Yingqi Wei, . "Openness and Efficiency of India and China Relative to the World Economy: A Comparative Study," Economics and Finance Discussion Papers 02-18, Economics and Finance Section, School of Social Sciences, Brunel University. [Downloadable!]
    Other versions:
  5. Joaquin Maudos & Jose Manuel Pastor & Lorenzo Serrano, 2003. "Human capital in OECD countries: technical change, efficiency and productivity," International Review of Applied Economics, Taylor and Francis Journals, vol. 17(4), pages 419-435, October. [Downloadable!] (restricted)
    Other versions:
  6. Carlos Barros, 2002. "Development And Conflict In The Balkans: Catch-Up And Military Expenditure," Defence and Peace Economics, Taylor and Francis Journals, vol. 13(5), pages 353-363, January. [Downloadable!] (restricted)
  7. Enflo, Kerstin & Hjertstrand, Per, 2006. "Relative sources of European regional productivity convergence: A bootstrap frontier approach," Working Papers 2006:17, Lund University, Department of Economics. [Downloadable!]
  8. Joaquín Maudos, José M. Pastor, Lorenzo Serrano, 2000. "Efficiency and Productive Specialization: An Application to the Spanish Regions," Regional Studies, Taylor and Francis Journals, vol. 34(9), pages 829-842, December. [Downloadable!] (restricted)
  9. Sergio Destefanis & Vania Sena, 2005. "Public capital and total factor productivity: New evidence from the Italian regions, 1970--98," Regional Studies, Taylor and Francis Journals, vol. 39(5), pages 603-617, July. [Downloadable!] (restricted)
  10. Altug, Sumru G. & Filiztekin, Alpay & Pamuk, Sevket, 2007. "The Sources of Long-term Economic Growth for Turkey, 1880-2005," CEPR Discussion Papers 6463, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  11. Unal Zenginobuz & Sumru Altug, 2009. "What has been the Role of Investment in Turkey's Growth Performance?," Working Papers 2009/02, Bogazici University, Department of Economics. [Downloadable!]
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