Total factor productivity, its components and drivers
- Author(s)
- Franz Haider, Robert Kunst, Franz Wirl
- Abstract
We consider how the growth of total factor productivity (TFP) was affected by R&D, trade, information and communication technology, and catching-up for the period from 1990 to 2006. Our contributions are: Firstly, to decompose TFP growth into two distinct measures for catching-up and for innovation using the Malmquist index; secondly, to update related investigations. Summarizing our findings, catching-up effects are statistically important, whereas frontier shifts tend to be smaller with increasing distance to the frontier, and large differences exist and persist between sectors and countries.
- Organisation(s)
- Department of Economics, Department of Accounting, Innovation and Strategy
- Journal
- Empirica
- Volume
- 48
- Pages
- 283–327
- No. of pages
- 45
- ISSN
- 0340-8744
- DOI
- https://doi.org/10.1007/s10663-020-09476-4
- Publication date
- 03-2020
- Peer reviewed
- Yes
- Austrian Fields of Science 2012
- 502053 Economics
- Keywords
- ASJC Scopus subject areas
- Economics and Econometrics
- Portal url
- https://ucrisportal.univie.ac.at/en/publications/total-factor-productivity-its-components-and-drivers(765f9032-ffed-44a6-b523-52e328e37dbd).html