scholarly journals Relating the Knowledge Production Function to Total Factor Productivity: An Endogenous Growth Puzzle

2005 ◽  
Author(s):  
Yasser Abdih ◽  
Frederick Joutz
Keyword(s):  
Endogenous Growth ◽  
Total Factor Productivity ◽  
Production Function ◽  
Knowledge Production ◽  
Factor Productivity ◽  
Knowledge Production Function

scholarly journals A public sector knowledge production function

2019 ◽  
Vol 175 ◽  
pp. 64-66 ◽  
Author(s):  
Albert N. Link ◽  
Martijn van Hasselt
Keyword(s):  
Public Sector ◽  
Production Function ◽  
Knowledge Production ◽  
Knowledge Production Function

scholarly journals TOTAL FACTOR PRODUCTIVITY AND FRONTIER PRODUCTION FUNCTION = PRODUKTIVITAS FAKTOR PRODUKSI TOTAL DAN FUNGSI PERODUKSI FRONTIER

Agro Ekonomi ◽  
2016 ◽  
Vol 24 (2) ◽  
pp. 2
Author(s):  
Sri Widodo
Keyword(s):  
Total Factor Productivity ◽  
Production Function ◽  
Productivity Growth ◽  
Factor Productivity ◽  
Single Factor ◽  
Cross Sectional ◽  
Potential Output ◽  
Total Productivity ◽  
Cross Sectional Studies ◽  
Frontier Production Function

The total factor productivity became an interesting concept in the measurement of productivity growth. Productivity is a ratio of output to input. The most common measurement of productivity is single factor productivity or partial productivity such as of land, labor, or capital.A total (factor) productivity is a productivity of all factors of production where the factors are aggregated. In cross-sectional studies this total productivity is a ratio of actual to potential output where the potential output is estimated from ther frontier production function. One of the methods to estimate this frontier function is by using linear programming technique.The total productivity does not always coincide with a single factor productivity of land (yield), that in the study area the larger farms tend to have higher total productivity than yield

scholarly journals BIASED TECHNICAL CHANGE, INTERMEDIATE GOODS, AND TOTAL FACTOR PRODUCTIVITY

2011 ◽  
Vol 16 (2) ◽  
pp. 184-203 ◽  
Author(s):  
Alessio Moro
Keyword(s):  
Total Factor Productivity ◽  
Production Function ◽  
Technical Change ◽  
Value Added ◽  
Intermediate Goods ◽  
Factor Productivity ◽  
Aggregate Production ◽  
Tfp Growth ◽  
Aggregate Production Function ◽  
The Impact

In this paper I show that the intensity at which intermediate goods are used in the production process affects aggregate total factor productivity (TFP). To do this, I construct an input–output model economy in which firms produce gross output by means of a production function in capital, labor, and intermediate goods. This production function is subject, together with the standard neutral technical change, to intermediates-biased technical change. Positive (negative) intermediates-biased technical change implies a decline (increase) in the elasticity of gross output with respect to intermediate goods. In equilibrium, this elasticity appears as an explicit part of TFP in the value added aggregate production function. In particular, when the elasticity of gross output with respect to intermediates increases, aggregate TFP declines. I use the model to quantify the impact of intermediates-biased technical change for measured TFP growth in Italy. The exercise shows that intermediates-biased technical change can account for the productivity slowdown observed in Italy from 1994 to 2004.

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