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Book Alternative Measures of Total Factor Productivity Growth

Download or read book Alternative Measures of Total Factor Productivity Growth written by Thijs ten Raa and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book New Developments in Productivity Analysis

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Book Full Industry Equilibrium

Download or read book Full Industry Equilibrium written by Arrigo Opocher and published by Cambridge University Press. This book was released on 2015-05-28 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original book develops a systematic zero-net-profit comparative statics theory to shed new light on the microeconomics of industry equilibrium.

Book Long Term Factors in American Economic Growth

Download or read book Long Term Factors in American Economic Growth written by Stanley L. Engerman and published by University of Chicago Press. This book was released on 2007-11-01 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt: These classic studies of the history of economic change in 19th- and 20th-century United States, Canada, and British West Indies examine national product; capital stock and wealth; and fertility, health, and mortality. "A 'must have' in the library of the serious economic historian."—Samuel Bostaph, Southern Economic Journal

Book U S  Total Factor Productivity Slowdown

Download or read book U S Total Factor Productivity Slowdown written by Mr.Roberto Cardarelli and published by International Monetary Fund. This book was released on 2015-05-28 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Total factor productivity (TFP) growth began slowing in the United States in the mid-2000s, before the Great Recession. To many, the main culprit is the fading positive impact of the information technology (IT) revolution that took place in the 1990s. But our estimates of TFP growth across the U.S. states reveal that the slowdown in TFP was quite widespread and not particularly stronger in IT-producing states or in those with a relatively more intensive usage of IT. An alternative explanation offered in this paper is that the slowdown in U.S. TFP growth reflects a loss of efficiency or market dynamism over the last two decades. Indeed, there are large differences in production efficiency across U.S. states, with the states having better educational attainment and greater investment in R&D being closer to the production “frontier.”

Book Macro and Micro Dynamics of Productivity

Download or read book Macro and Micro Dynamics of Productivity written by Lucia S. Foster and published by . This book was released on 2017 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers use a variety of methods to estimate total factor productivity (TFP) at the firm level and, while these may seem broadly equivalent, how the resulting measures relate to the TFP concept in theoretical models depends on the assumptions about the environment in which firms operate. Interpreting these measures and drawing insights based upon their characteristics thus must take into account these conceptual differences. Absent data on prices and quantities, most methods yield "revenue productivity" measures. We focus on two broad classes of revenue productivity measures in our examination of the relationship between measured and conceptual TFP (TFPQ). The first measure has been increasingly used as a measure of idiosyncratic distortions and to assess the degree of misallocation. The second measure is, under standard assumptions, a function of fundamentals (e.g., TFPQ). Using plant-level U.S. manufacturing data, we find these alternative measures are (i) highly correlated; (ii) exhibit similar dispersion; and (iii) have similar relationships with growth and survival. These findings raise questions about interpreting the first measure as a measure of idiosyncratic distortions. We also explore the sensitivity of estimates of the contribution of reallocation to aggregate productivity growth to these alternative approaches. We use recently developed structural decompositions of aggregate productivity growth that depend critically on estimates of output versus revenue elasticities. We find alternative approaches all yield a significant contribution of reallocation to productivity growth (although the quantitative contribution varies across approaches).

Book Macro and Micro Dynamics of Productivity

Download or read book Macro and Micro Dynamics of Productivity written by Lucia S. Foster and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers use a variety of methods to estimate total factor productivity (TFP) at the firm level and, while these may seem broadly equivalent, how the resulting measures relate to the TFP concept in theoretical models depends on the assumptions about the environment in which firms operate. Interpreting these measures and drawing insights based upon their characteristics thus must take into account these conceptual differences. Absent data on prices and quantities, most methods yield ``revenue productivity" measures. We focus on two broad classes of revenue productivity measures in our examination of the relationship between measured and conceptual TFP (TFPQ). The first measure has been increasingly used as a measure of idiosyncratic distortions and to assess the degree of misallocation. The second measure is, under standard assumptions, a function of fundamentals (e.g., TFPQ). Using plant-level U.S. manufacturing data, we find these alternative measures are (i) highly correlated; (ii) exhibit similar dispersion; and (iii) have similar relationships with growth and survival. These findings raise questions about interpreting the first measure as a measure of idiosyncratic distortions. We also explore the sensitivity of estimates of the contribution of reallocation to aggregate productivity growth to these alternative approaches. We use recently developed structural decompositions of aggregate productivity growth that depend critically on estimates of output versus revenue elasticities. We find alternative approaches all yield a significant contribution of reallocation to productivity growth (although the quantitative contribution varies across approaches).

Book Handbook of Green Economics

Download or read book Handbook of Green Economics written by Sevil Acar and published by Academic Press. This book was released on 2019-07-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Green Economics reveals the breadth and depth of advanced research on sustainability and growth while identifying opportunities for future developments. Through its multidimensional examination, it demonstrates how overarching concepts such as green growth, low carbon economy, circular economy, and others work together. Some chapters reflect on different discourses on the green economy, including pro-growth perspectives and transformative approaches that entail de-growth. Others argue that green policies can spark economic innovation, particularly in developing and emerging market economies. Part literature summary, part analysis, and part argument, The Handbook of Green Economics shows how the right conditions can stimulate economic growth while achieving environmental sustainability. The Handbook of Green Economics is a valuable resource for graduate students and academic researchers focusing on the green economy. With an increasing interest in the topic among researchers and policy makers, this book will set out different theoretical perspectives and explore the policy implications in this growing subject area. Covers the failures of the past, the challenges of the present, and the opportunities of the future Surveys 10 aspects of the green economy, including conceptualization, natural capital, poverty and inequality, employment, and finance Emphasizes the theoretical and empirical aspects of greening approaches that are policy-relevant

Book Technological Change   Productivity Growth

Download or read book Technological Change Productivity Growth written by A. Link and published by Taylor & Francis. This book was released on 2013-06-17 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reviews the literature on productivity growth and relates it to the production function approach to technological change.

Book Management of Coking Coal Resources

Download or read book Management of Coking Coal Resources written by Dilip Kumar and published by Elsevier. This book was released on 2015-12-17 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management of Coking Coal Resources provides a one-stop reference that focuses on sustainable mining practices using a four-point approach that includes the economical, governmental, societal, and environmental aspects of coal exploration, coking coal mining, and steelmaking applications. This type of approach galvanizes the excavation, processing methods, and end uses of coal as an energy and steelmaking source, thus ensuring that the supply of coking coal meets the future demands of the rapidly expanding economies in India and other developing countries. The book provides information on the strategic planning and revitalization of India's Jharia coalfield, addressing actionable plans for methods of extraction, master plans for mine fires, subsidence management, land use planning, and sustainable mining. Users will find a multidisciplinary reference that presents the broad range of applications, techniques, and methodologies used in maintaining coking coal quality from exploration through extraction. Provides a one-stop reference that focuses on sustainable mining practices using a four-point approach Includes the economical, governmental, societal, and environmental aspects of coal exploration, coking coal mining, and steelmaking applications Presents information on the strategic planning and revitalization of India's Jharia coalfield Includes a broad range of the applications, techniques, and methodologies used in maintaining coking coal quality from exploration through extraction

Book National Wealth

Download or read book National Wealth written by Kirk Hamilton and published by Oxford University Press. This book was released on 2017 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand economics, it is crucial to define wealth, and understand how it is created, destroyed, stored and managed. This edited volume assembles high-quality contributions defining key concepts and addressing economic and policy issues around national wealth.

Book Productivity Analysis

Download or read book Productivity Analysis written by Ali Dogramaci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a wide variety of perspectives for productivity analysis. The back grounds of different researchers and practitioners who work on this topic include such fields as economics, business administration, and industrial engineering, among others. Within each such field, there are different schools of thought on the theory and application of productivity analysis. Often it is not difficult to observe a lack of communication among the advocates of these separate schools. The purpose of this book is to present in a single volume samples of alternative approaches to productivity analy sis. This may be considered as a first step toward a better communication among practitioners and researchers in the fields of management, industrial engineering, and economics. The focus of the book is on the United States, where the productivity growth problem has been acute for some time. The book begins with a brief overview chapter that covers some of the issues involved in productivity analysis and a sample of methodological ap proaches presently in use. After this introduction, we move to Chapter 2 where Solomon Fabricant presents the issues related to measurement and analysis at the macroeconomic level. In Chapter 3, C. Lowell Harriss discusses concepts that he considers es sential for productivity growth: capital formation, technological progress, and freedom.

Book Productivity Measurement and Analysis

Download or read book Productivity Measurement and Analysis written by OECD and published by OECD Publishing. This book was released on 2009-04-28 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.

Book Sustainable Marine Resource Utilization in China

Download or read book Sustainable Marine Resource Utilization in China written by Malin Song and published by Elsevier. This book was released on 2019-11-07 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Marine Resource Utilization in China: A Comprehensive Evaluation thoroughly analyzes the basic conditions and status quo of the sustainable utilization of Chinese marine resources and its effects on economic and social development. This book constructs evaluation models for marine ecological carrying capacity, marine resource utilization benefits, and management levels with the application of many methods, including the super efficiency model, ecological footprint model, entropy method and system dynamics. The principles and practical experiences of the sustainable utilization of Chinese marine resources are also summed up. This book provides a needed resource for university professors, students and researchers interested in the management of marine resources and the environment, and particularly those who are concerned with China's marine development. Analyzes the coordinated coupling relationship between marine resource utilization and the economy Grapples with the social effects of sustainable utilization in China’s coastal areas Assesses China’s coastal marine resource management levels and explores the quality differences in sustainable resource utilization and management Provides a comprehensive framework for the quantification, assessment and evaluation of marine resources and economic systems that can be applied to any marine economy in the world

Book Advances in Efficiency and Productivity II

Download or read book Advances in Efficiency and Productivity II written by Juan Aparicio and published by Springer Nature. This book was released on 2020-07-20 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book surveys the state-of-the-art in efficiency and productivity analysis, examining advances in the analytical foundations and empirical applications. The analytical techniques developed in this book for efficiency provide alternative ways of defining optimum outcome sets, typically as a (technical) production frontier or as an (economic) cost, revenue or profit frontier, and alternative ways of measuring efficiency relative to an appropriate frontier. Simultaneously, the analytical techniques developed for efficiency analysis extend directly to productivity analysis, thereby providing alternative methods for estimating productivity levels, and productivity change through time or productivity variation across producers. This book includes chapters using data envelopment analysis (DEA) or stochastic frontier analysis (SFA) as quantitative techniques capable of measuring efficiency and productivity. Across the book’s 15 chapters, it broadly extends into popular application areas including agriculture, banking and finance, and municipal performance, and relatively new application areas including corporate social responsibility, the value of intangible assets, land consolidation, and the measurement of economic well-being. The chapters also cover topics such as permutation tests for production frontier shifts, new indices of total factor productivity, and also randomized controlled trials and production frontiers.