Working Paper
Decomposing TFP growth in the presence of cost inefficiency, nonconstant returns to scale, and technological progress
Abstract: A decomposition of observed total factor productivity (TFP) growth that examines changes in returns to scale, cost efficiency, and technology and that develops several decompositions using production and cost frontiers.
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/scribd/?item_id=494507&filepath=/docs/historical/frbclev/wp/frbclv_wp1988-13.pdf#scribd-open
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1988
Number: 8813