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Crecimiento y la paradoja de la productividad: Una estimación en la forma de state-space con componentes no observables para el sector agropecuario argentino, 1955-2003

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  • Luis Lanteri

    (Banco Central de Argentina)

Abstract

We estimate the total factor productivity for argentine agriculture over the period 1955 to 2003. One method of quantifying the impact of productivity is the use of growth accounting index numbers (Divisia index). However, some papers (see, for example, Hsieh, 2000) show that if technological change is not Hicks neutral then conventional total factor productivity index is not a satisfactory measure of this indicator, since that observed cost shares conflates the contribution of factor accumulation to output growth with that of technological change. In this paper, cost share equation system in the form of state-space model with latent variables are used to detect technological biased and to estimate the total factor productivity adjusted.

Suggested Citation

  • Luis Lanteri, 2005. "Crecimiento y la paradoja de la productividad: Una estimación en la forma de state-space con componentes no observables para el sector agropecuario argentino, 1955-2003," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 20(1), pages 53-78.
  • Handle: RePEc:emx:esteco:v:20:y:2005:i:1:p:53-78
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