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Parametric approaches to productivity measurement: A comparison among alternative models
University of Texas, Austin, TX 78712-1173, United States.
Stockholm School of Economics, SE-113 83 Stockholm, Sweden.ORCID iD: 0000-0002-7902-4683
University of Gothenburg, SE-405 30 Gothenburg, Sweden.
1999 (English)In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 101, no 3, 405-424 p.Article in journal (Refereed) Published
Abstract [en]

This paper deals with modeling total factor productivity (TFP) growth in a flexible manner using panel data. Several competing parametric models are used to explore whether there are any similarities in the estimates of TFP growth and technical change among these models. Using a primal approach, we decompose TFP growth into different components. The models are then used to measure productivity and technical change in the Swedish cement industry. In general, the results are found to be model dependent and often conflicting, although much less so for returns to scale and overall productivity growth.

Place, publisher, year, edition, pages
1999. Vol. 101, no 3, 405-424 p.
Keyword [en]
General index; Panel data; Production function; Technical change; Time trend
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-24469Scopus ID: 2-s2.0-0033463982OAI: oai:DiVA.org:hj-24469DiVA: diva2:743038
Available from: 2014-09-03 Created: 2014-09-01 Last updated: 2016-01-14Bibliographically approved

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