Measuring Total Factor Productivity Technical Change And The Rate Of Returns To Research And Development
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Author | : Sang V. Nguyen |
Publisher | : |
Total Pages | : 42 |
Release | : 1991 |
Genre | : Industrial productivity |
ISBN | : |
Download Measuring Total Factor Productivity, Technical Change and the Rate of Returns to Research and Development Book in PDF, Epub and Kindle
Author | : Charles R. Hulten |
Publisher | : University of Chicago Press |
Total Pages | : 648 |
Release | : 2007-11-01 |
Genre | : Medical |
ISBN | : 0226360644 |
Download New Developments in Productivity Analysis Book in PDF, Epub and Kindle
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.
Author | : Ryuzo Sato |
Publisher | : Praeger |
Total Pages | : 232 |
Release | : 1983 |
Genre | : Business & Economics |
ISBN | : |
Download Research and Productivity Book in PDF, Epub and Kindle
The basic features of R & D and of technical change are presented in a descriptive fashion. An economic framework is then developed for studying endogenous technical change.
Author | : Arrigo Opocher |
Publisher | : Cambridge University Press |
Total Pages | : 233 |
Release | : 2015-05-28 |
Genre | : Business & Economics |
ISBN | : 1107097797 |
Download Full Industry Equilibrium Book in PDF, Epub and Kindle
This original book develops a systematic zero-net-profit comparative statics theory to shed new light on the microeconomics of industry equilibrium.
Author | : |
Publisher | : |
Total Pages | : 24 |
Release | : 1995 |
Genre | : Business enterprises |
ISBN | : |
Download Multifactor Productivity Trends Book in PDF, Epub and Kindle
Author | : Richard G. Lipsey |
Publisher | : |
Total Pages | : 0 |
Release | : 2015 |
Genre | : |
ISBN | : |
Download Total Factor Productivity and the Measurement of Technological Change Book in PDF, Epub and Kindle
TFP is interpreted in the literature in different, mutually contradictory ways. Changes in TFP are shown to measure not technological change, only the super-normal returns to investing in such change - returns that exceed the full opportunity cost of the activity. Thus, in the limit, technological change can proceed with unchanged TFP. Measuring the effects of technological change instead requires counterfactual estimates. Reasons why changes in TFP are imperfect measures of super normal returns are also studied - reasons connected with the timing of output responses, the treatment of R&D in the national accounts, the omission of resource inputs, and two types of aggregation.
Author | : National Bureau of Economic Research |
Publisher | : University of Chicago Press |
Total Pages | : 532 |
Release | : 1987-05-15 |
Genre | : Business & Economics |
ISBN | : 9780226308845 |
Download R&D, Patents and Productivity Book in PDF, Epub and Kindle
"An essential reference for specialists in the economics of technological change."--D. G. McFertridge, Canadian Journal of Economics
Author | : Zvi Griliches |
Publisher | : University of Chicago Press |
Total Pages | : 398 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226308901 |
Download R&D and Productivity Book in PDF, Epub and Kindle
Zvi Griliches, a world-renowned pioneer in the field of productivity growth, has compiled in a single volume his pathbreaking research on R&D and productivity. Griliches addresses the relationship between research and development (R&D) and productivity, one of the most complex yet vital issues in today's business world. Using econometric techniques, he establishes this connection and measures its magnitude for firm-, industry-, and economy-level data. Griliches began his studies of productivity growth during the 1950s, adding a variable of "knowledge stock" to traditional production function models, and his work has served as the point of departure for much of the research into R&D and productivity. This collection of essays documents both Griliches's distinguished career as well as the history of this line of thought. As inputs into production increasingly taking the form of "intellectual capital" and new technologies that are not as easily measured as traditional labor and capital, the methods Griliches has refined and applied to R&D become crucial to understanding today's economy.
Author | : Jeffrey Ian Bernstein |
Publisher | : |
Total Pages | : 40 |
Release | : 1984 |
Genre | : Capital productivity |
ISBN | : |
Download Industrial Productivity and Research and Development Indicators Book in PDF, Epub and Kindle
Author | : Mr.Roberto Cardarelli |
Publisher | : International Monetary Fund |
Total Pages | : 24 |
Release | : 2015-05-28 |
Genre | : Business & Economics |
ISBN | : 1513551647 |
Download U.S. Total Factor Productivity Slowdown Book in PDF, Epub and Kindle
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.”