I would like to review some papers that uses econometric model to estimate Total Factor Productivity (TFP) of any country. I found papers using Solow Residual technique only. So, would you please suggest me some paper using econometric models to estimate TFP.
Thank you!
I came across some discussion on econometric modelling using TFP in the book shown below.
Nicolas Carnot, Vincent Koen and Bruno Tissot (2011). Economic Forecasting and Policy. Second Edition. Palgrave Macmillan.
Article A cross-country analysis of total factor productivity using ...
and apart from this many re available..i found this as suffice to your requirement
For some contemporary methods on TFP (and/or TFP growth) measurement and estimation using econometric methods try one of the following papers:
Makieła, K., Ouattara, B. (2018). Foreign Direct Investment and Economic Growth: Exploring the Transmission Channels. Economic Modelling, 72, 296-305. https://doi.org/10.1016/j.econmod.2018.02.007
Makieła, K., Marzec, J., Pisulewski, A. (2017). Productivity change analysis in dairy farms following Polish accession to the EU – An output growth decomposition approach. Outlook on Agriculture, 46(4), 295-301. https://doi.org/10.1177/0030727017742557 (this paper is not concerned with countries, but proposes some updates to TFP measurement and decomposition methodology)
Makieła, K. (2014). Bayesian Stochastic Frontier Analysis of Economic Growth and Productivity Change in the EU, USA, Japan and Switzerland. Central European Journal of Economic Modelling and Econometrics, 6(3), 193-216.
I suggest you search online for the articles of Hans Bjurek among others in the journal of econometrics.
The Bureau of Labor Statistics in the U.S. maintains a database of total factor productivity for manufacturing firms and for all nonfinancial corporations in the U.S. The data and the accompanying technical papers are very useful. See, for example, https://www.bls.gov/opub/hom/pdf/homch10.pdf
Thank you very much! I am grateful with your suggestions! Thank you all for your valuable support!
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