Artikel
Long‐run productivity trends: A global update with a global index
This paper documents the results from a macroeconomic total factor productivity analysis with a special focus on disentangling efficiency change and technological change under variable returns to scale. A sample of 93 countries is investigated by nonparametric methods. For the measurement three variants of the Malmquist index (basic, biennial, and global) are used. Specific country groups and selected individual countries are examined. The results show that productivity development is mainly driven by the interplay of technological change and efficiency change with a reversal from a backward shifting frontier function until the mid-1990s to an advancing frontier thereafter.
- Sprache
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Englisch
- Erschienen in
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Journal: Review of Development Economics ; ISSN: 1467-9361 ; Volume: 24 ; Year: 2020 ; Issue: 4 ; Pages: 1393-1412 ; Hoboken, NJ: Wiley
- Klassifikation
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Wirtschaft
- Thema
-
macroeconomic productivity
Malmquist index
nonparametric measurement
- Ereignis
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Geistige Schöpfung
- (wer)
-
Krüger, Jens J.
- Ereignis
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Veröffentlichung
- (wer)
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Wiley
- (wo)
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Hoboken, NJ
- (wann)
-
2020
- DOI
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doi:10.1111/rode.12699
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Krüger, Jens J.
- Wiley
Entstanden
- 2020
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