Long‐run productivity trends: A global update with a global index

Artikel

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.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Review of Development Economics ; ISSN: 1467-9361 ; Volume: 24 ; Year: 2020 ; Issue: 4 ; Pages: 1393-1412 ; Hoboken, NJ: Wiley

Classification and Topics

• Classification: Wirtschaft
• Subject: macroeconomic productivity ; Malmquist index ; nonparametric measurement

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Krüger, Jens J.
• Event: Veröffentlichung
• (who): Wiley
• (where): Hoboken, NJ
• (when): 2020

Further information

• DOI: doi:10.1111/rode.12699
• Handle: http://hdl.handle.net/10419/230139