Journal article | Zeitschriftenartikel
A Bayesian analysis of total factor productivity persistence
'This paper studies persistence properties of total factor productivity (TFP) from Bayesian perspective. Emphasizing that classical unit root test for TFP cannot determine the probability whether a stochastic shock to the series is permanent, we design a Bayesian unit root test for TFP. Examination for a set of African economies' TFP data show that the probability of having a unit root is very high for majority of countries. The evidence of high-persistence has implications for perpetual growth and business cycles.' (author's abstract)
- Alternative title
-
Eine Bayesianische Analyse der Persistenz der Totalen Faktorproduktivität
- ISSN
-
0172-6404
- Extent
-
Seite(n): 363-372
- Language
-
Englisch
- Notes
-
Status: Veröffentlichungsversion; begutachtet (peer reviewed)
- Bibliographic citation
-
Historical Social Research, 35(1)
- Subject
-
Wirtschaft
Sozialwissenschaften, Soziologie
Erhebungstechniken und Analysetechniken der Sozialwissenschaften
Volkswirtschaftstheorie
Produktionsfaktor
Wachstum
Innovation
Bayes-Statistik
Produktivität
Wirtschaftswachstum
Afrika
Persistenz
empirisch
empirisch-quantitativ
- Event
-
Geistige Schöpfung
- (who)
-
Mishra, Tapas
Diebolt, Claude
Parhi, Mamata
Mohanty, Asit Ranjan
- Event
-
Veröffentlichung
- (where)
-
Deutschland
- (when)
-
2010
- DOI
- URN
-
urn:nbn:de:0168-ssoar-285467
- Rights
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Last update
-
21.06.2024, 4:26 PM CEST
Data provider
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GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
Object type
- Zeitschriftenartikel
Associated
- Mishra, Tapas
- Diebolt, Claude
- Parhi, Mamata
- Mohanty, Asit Ranjan
Time of origin
- 2010
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