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Generation and Distribution of Total Factor Productivity Gains in US Industries

Author

Listed:
  • Jean-Philippe Boussemart

    (University of Lille 3 and IESEG School of Management (LEM-CNRS))

  • Hervé Leleu

    (CNRS-LEM and IESEG School of Management)

  • Edward Mensah

    (University of Illinois at Chicago and IESEG-School of Management)

Abstract

This study estimates productivity gains and their distribution among inputs and outputs for American industries over the period 1987-2011 using the traditional surplus accounting method. Total Factor Productivity (TFP) change is traditionally defined as the growth rate of output minus the growth rate of inputs. Since TFP changes determine welfare via price variations, a key issue is to assess which of the inputs and outputs recover price advantages.

Suggested Citation

  • Jean-Philippe Boussemart & Hervé Leleu & Edward Mensah, 2014. "Generation and Distribution of Total Factor Productivity Gains in US Industries," Working Papers 2014-EQM-02, IESEG School of Management.
    • Handle: RePEc:ies:wpaper:e201402
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    References listed on IDEAS

    as
    1. Fried, Harold O. & Lovell, C. A. Knox & Schmidt, Shelton S. (ed.), 2008. "The Measurement of Productive Efficiency and Productivity Growth," OUP Catalogue, Oxford University Press, number 9780195183528.
    2. Charles R. Hulten & Edwin R. Dean & Michael J. Harper, 2001. "New Developments in Productivity Analysis," NBER Books, National Bureau of Economic Research, Inc, number hult01-1, May.
    3. Emmanuel Saez, 2012. "Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2009 and 2010 estimates)," Technical Notes 201202, World Inequality Lab.
    4. John W. Kendrick, 1961. "Productivity Trends in the United States," NBER Books, National Bureau of Economic Research, Inc, number kend61-1, May.
    5. Emmanuel Saez, 2013. "Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2011 preliminary estimates)," Technical Notes 201301, World Inequality Lab.
    6. Emmanuel Saez, 2013. "Striking it Richer: The Evolution of Top Incomes in the United States (Updated with 2012 preliminary estimates)," Technical Notes 201303, World Inequality Lab.
    7. Dale W. Jorgenson & Paul Schreyer, 2013. "Industry-Level Productivity Measurement And The 2008 System Of National Accounts," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 59(2), pages 185-211, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Boussemart, Jean-Philippe & Leleu, Hervé & Mensah, Edward & Shitikova, Karina, 2020. "Technological catching-up and structural convergence among US industries," Economic Modelling, Elsevier, vol. 84(C), pages 135-146.
    2. Arnaud Sergent & Jean-François Ruault & Vincent Banos & Mathieu Nefe & David Chen & Anne-Laure Levet & Wilfried Eliegbo Amouzou, 2018. "La compétitivité des filières locales pour la construction bois : état des lieux, enjeux et perspectives d’évolution," Working Papers hal-03277129, HAL.
    3. Tomas Balezentis & Vaida Sapolaite, 2022. "Productivity surplus and its distribution in Lithuanian agriculture," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(3), pages 721-740, August.

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    More about this item

    Keywords

    Surplus Accounting Method; Total Factor Productivity; Factor Income; Distribution; Index Numbers;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution

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