Measuring growth in total factor productivity (English)

Gains in total factor productivity (TFP) reflecting more efficient use of inputs, have long been recognized as an important source of improvements in income and welfare. Cross-country differences in income levels and growth rates are mostly due to differences in productivity. Measuring TFP is therefore important in assessing countries' past and potential economic performance. But it is also difficult. This note discusses some of the difficulties using...

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Author

Ghosh, Swati R.;

Kraay, Aart;
Document Date
2000/09/30
Document Type
Brief
Report Number
21598
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Measuring growth in total factor productivity
Keywords
production function

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Citation

Ghosh, Swati R.; Kraay, Aart.

Measuring growth in total factor productivity (English). PREM Notes|no. 42. Economic Policy Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/418451468336625510

Measuring growth in total factor productivity (English)

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