Get Aggregate and Industry-Level Productivity Analyses PDF

By Ali Dogramaci, Nabil R. Adam

ISBN-10: 9400981236

ISBN-13: 9789400981232

ISBN-10: 9400981252

ISBN-13: 9789400981256

1 Ali Dogramaci and Nabil R. Adam 1.1. review With the decline of U.S. productiveness progress, curiosity has surged to less than­ stand the habit of productiveness measures via time, the conceptual foundations of productiveness research, and the linkage among productiveness functionality and different significant forces within the economic climate. the aim of this quantity is to provide a short review of a few of the suggestions utilized in aggre­ gate and industry-level productiveness analyses and the result of many of the contemporary learn during this box. The ebook is split into 3 elements. half I covers a few of the methodo­ logical ways utilized in combination and industry-level productiveness reviews. half II bargains with the flow of work productiveness measures via time. The papers during this a part of the ebook research productiveness adjustments as uni­ variate time sequence and research many of the features of the styles displayed. The papers partly III deal with the problems of dimension of capi­ tal, the relation of capital formation to productiveness progress, and the rela­ tion of imported intermediate inputs to U.S. productiveness performance.

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Extra resources for Aggregate and Industry-Level Productivity Analyses

Example text

The nearly monotonic downtrend growth, revealed in various official statistics, has stimulated many business organizations and government agencies to scrutinize the problem. In academic circles, both theoretical and empirical studies have suggested a variety of approaches to productivity analysis. In this chapter, we review a number of theoretical input-output (1-0) economic models with the premise that 1-0 analysis is a useful aid in the study of technological change and ensuing productivity adjustment at an industry level.

30 EPHRAIM F. , 1977, "An Integrated Total Factor Productivity-Financial-Based Corporate Planning Model," Total Factor Productivity, Symposium I, Teleglobe, Montreal, May. 3 TECHNOLOGICAL CHANGE AND PRODUCTIVITY IN INPUTOUTPUT ANALYSIS AND THE POTENTIAL OF SECTORAL OPTIMIZATION MODELS I. 1. S. productivity growth for most of the 1970s, coupled with ever-worsening inflation, has raised fundamental concerns about the nation's economic outlook for the 1980s. The nearly monotonic downtrend growth, revealed in various official statistics, has stimulated many business organizations and government agencies to scrutinize the problem.

The major advantage of the use of translog forms lies in their generality. Through Taylor series expansions, they can be shown to constitute secondorder local approximations to any arbitrary twice-differentiable functions. Consequently, the likelihood of bias in the estimates brought about by the restrictiveness of the functional forms is minimized. A degree of loss in gen~ erality of the translog is associated with its multiplicative form, which requires that all inputs be essential to the production process.

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Aggregate and Industry-Level Productivity Analyses by Ali Dogramaci, Nabil R. Adam


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