The Experts below are selected from a list of 44619 Experts worldwide ranked by ideXlab platform
Jean-thomas Bernard - One of the best experts on this subject based on the ideXlab platform.
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Defence Innovation Stock and Total Factor Productivity
The Canadian Journal of Economics, 1992Co-Authors: Erik Poole, Jean-thomas BernardAbstract:This study explores the impact of defense industrial production on the Productivity of four Canadian three-digit SIC industries. A Tornqvist index of the annual change of Total Factor Productivity is calculated. A defense production "innovation stock" is constructed from new data on defense industrial production in Canada between 1961 and 1985. Seemingly unrelated regression estimation multiple regression analysis shows that military production has a negative impact on Total Factor Productivity for the four industries.
Mukti P. Upadhyay - One of the best experts on this subject based on the ideXlab platform.
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Total Factor Productivity and the convergence hypothesis
Journal of Macroeconomics, 2002Co-Authors: Stephen M. Miller, Mukti P. UpadhyayAbstract:We study the convergence, or lack thereof, of Total Factor Productivity and real GDP per worker for a pooled (cross-section, time-series) sample of developed and developing countries, adding breadth and depth to the convergence debate. We first estimate Total Factor Productivity from a parsimonious specification of the aggregate production function involving output per worker, capital per worker, and the labor force, both with and without the stock of human capital. Then we test for absolute and conditional convergence of Total Factor Productivity and real GDP per worker, using cross-section and cross-section, time-series data. Fixed-effect estimates across countries convert the cross-section test of absolute convergence into a pooled test of conditional convergence, since it controls for country-specific effects. Our tests consider both B- and O-convergence. Our findings support both absolute and conditional B-convergence of Total Factor Productivity, but only conditional convergence of real GDP per worker. Further, O-convergence tests must by definition measure absolute convergence, since conditional convergence assumes that an equilibrium dispersion of Total Factor Productivity or real GDP per worker exists. We find mixed evidence for absolute O-convergence.
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the effects of openness trade orientation and human capital on Total Factor Productivity
Journal of Development Economics, 2000Co-Authors: Stephen M. Miller, Mukti P. UpadhyayAbstract:Abstract We study the effects of openness, trade orientation, and human capital on Total Factor Productivity for a pooled sample of developed and developing countries. Total Factor Productivity emerges from a parsimonious specification of the aggregate production function. Potential determinants of Total Factor Productivity include measures of openness, trade orientation, and human capital. Higher openness benefits Total Factor Productivity. Outward-oriented countries experience higher Total Factor Productivity, over and above the positive effect of openness. Human capital generally contributes positively to Total Factor Productivity. In poor countries, however, human capital interacts with openness to achieve a positive effect.
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The Effects of Trade Orientation and Human Capital on Total Factor Productivity
1997Co-Authors: Stephen M. Miller, Mukti P. UpadhyayAbstract:We study the effects of trade orientation and human capital on Total Factor Productivity for a pooled cross-section, time-series sample of developed and developing countries. We first estimate Total Factor Productivity from a parsimonious specification of the aggregate production function involving output per worker, capital per worker, and the labor force, both with and without the stock of human capital. Then we consider a number of potential determinants of Total Factor Productivity growth including several measures of trade orientation as well as a measure of human capital. We find that a high degree of openness benefits Total Factor Productivity and that human capital contributes to Total Factor Productivity only after our measure of openness passes some threshold level. Before that threshold, increases in human capital actually depress Total Factor Productivity. Finally, we also consider the issue of convergence of real GDP per worker and Total Factor Productivity, finding more evidence of convergence for the latter than for the former.
Erik Poole - One of the best experts on this subject based on the ideXlab platform.
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Defence Innovation Stock and Total Factor Productivity
The Canadian Journal of Economics, 1992Co-Authors: Erik Poole, Jean-thomas BernardAbstract:This study explores the impact of defense industrial production on the Productivity of four Canadian three-digit SIC industries. A Tornqvist index of the annual change of Total Factor Productivity is calculated. A defense production "innovation stock" is constructed from new data on defense industrial production in Canada between 1961 and 1985. Seemingly unrelated regression estimation multiple regression analysis shows that military production has a negative impact on Total Factor Productivity for the four industries.
Stephen M. Miller - One of the best experts on this subject based on the ideXlab platform.
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Total Factor Productivity and the convergence hypothesis
Journal of Macroeconomics, 2002Co-Authors: Stephen M. Miller, Mukti P. UpadhyayAbstract:We study the convergence, or lack thereof, of Total Factor Productivity and real GDP per worker for a pooled (cross-section, time-series) sample of developed and developing countries, adding breadth and depth to the convergence debate. We first estimate Total Factor Productivity from a parsimonious specification of the aggregate production function involving output per worker, capital per worker, and the labor force, both with and without the stock of human capital. Then we test for absolute and conditional convergence of Total Factor Productivity and real GDP per worker, using cross-section and cross-section, time-series data. Fixed-effect estimates across countries convert the cross-section test of absolute convergence into a pooled test of conditional convergence, since it controls for country-specific effects. Our tests consider both B- and O-convergence. Our findings support both absolute and conditional B-convergence of Total Factor Productivity, but only conditional convergence of real GDP per worker. Further, O-convergence tests must by definition measure absolute convergence, since conditional convergence assumes that an equilibrium dispersion of Total Factor Productivity or real GDP per worker exists. We find mixed evidence for absolute O-convergence.
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the effects of openness trade orientation and human capital on Total Factor Productivity
Journal of Development Economics, 2000Co-Authors: Stephen M. Miller, Mukti P. UpadhyayAbstract:Abstract We study the effects of openness, trade orientation, and human capital on Total Factor Productivity for a pooled sample of developed and developing countries. Total Factor Productivity emerges from a parsimonious specification of the aggregate production function. Potential determinants of Total Factor Productivity include measures of openness, trade orientation, and human capital. Higher openness benefits Total Factor Productivity. Outward-oriented countries experience higher Total Factor Productivity, over and above the positive effect of openness. Human capital generally contributes positively to Total Factor Productivity. In poor countries, however, human capital interacts with openness to achieve a positive effect.
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The Effects of Trade Orientation and Human Capital on Total Factor Productivity
1997Co-Authors: Stephen M. Miller, Mukti P. UpadhyayAbstract:We study the effects of trade orientation and human capital on Total Factor Productivity for a pooled cross-section, time-series sample of developed and developing countries. We first estimate Total Factor Productivity from a parsimonious specification of the aggregate production function involving output per worker, capital per worker, and the labor force, both with and without the stock of human capital. Then we consider a number of potential determinants of Total Factor Productivity growth including several measures of trade orientation as well as a measure of human capital. We find that a high degree of openness benefits Total Factor Productivity and that human capital contributes to Total Factor Productivity only after our measure of openness passes some threshold level. Before that threshold, increases in human capital actually depress Total Factor Productivity. Finally, we also consider the issue of convergence of real GDP per worker and Total Factor Productivity, finding more evidence of convergence for the latter than for the former.
Kofi Obeng - One of the best experts on this subject based on the ideXlab platform.
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Public transit subsidies, output effect and Total Factor Productivity
Research in Transportation Economics, 2008Co-Authors: Kofi Obeng, Ryoichi SakanoAbstract:This paper extends previous works on Total Factor Productivity decomposition when firms receive both operating and capital subsidies. It shows that previous works considered either the lump-sum or substitution effects of these subsidies but not together. Using constrained cost minimization as the framework it offers formal proofs to show that cost increases are inevitable if the Total effects of the subsidies are considered, and that Total Factor Productivity growth results from increasing amounts of subsidies under economies of scale and in the absence of technical change. Applications of the decomposition equations derived to a sample of transit systems finds near constant returns to scale and negative contributions of these subsidies to Total Factor Productivity growth. Technical change reverses this decline and results in Total Factor Productivity growth. Further, it finds that the lump-sum effects of the subsidies reduce Total Factor Productivity more than does the substitution effect.
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Total Factor Productivity IN TRANSIT SYSTEMS: 1983-1988
Transportation Research Part A: Policy and Practice, 1992Co-Authors: Kofi Obeng, Nasir Assar, Julian BenjaminAbstract:Performance in single mode bus transit systems is analyzed in this paper. The paper points to two potential problems in using partial Productivity and other measures in assessing the performance levels of transit systems. One solution suggested is Total Factor Productivity which is shown to be mathematically related to many of the traditional measures of performance. Next, Total Factor Productivity is determined using data for a sample of single mode bus transit systems. As part of the analysis, a neoclassical cost function is developed which allows for decomposition of Total Factor Productivity among technical change and economies of scale. The major conclusions include growth of Total Factor Productivity of 1.1% per year and technical growth of 1.14% per year. Growth of Total Factor Productivity is attributed to output, the productivities of all inputs and technical change. Policy implications of these findings are examined.
