The Mystery of TFP
The objective of this article is to critically examine explanations of Total Factor Productivity (TFP) growth. TFP growth is analysed at the sectoral and aggregate level, using data for 10 industry groups covering the market sectors of 18 countries over the period 1970-2007 drawn from the EU KLEMS d...
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Format: | Article |
Language: | English |
Published: |
Centre for the Study of Living Standards
2016-09-01
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Series: | International Productivity Monitor |
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Online Access: | http://www.csls.ca/ipm/31/oulton.pdf |