Total Factor Productivity or Technical Progress Function? Post-Keynesian Insights for the Empirical Analysis of Productivity Differentials in Mature Economies

2013 ◽  
Vol 25 (3) ◽  
pp. 476-495 ◽  
Author(s):  
Renato Paniccià ◽  
Paolo Piacentini ◽  
Stefano Prezioso
Keyword(s):  
Total Factor Productivity ◽  
Empirical Analysis ◽  
Technical Progress ◽  
Factor Productivity ◽  
Productivity Differentials ◽  
The Empirical Analysis

scholarly journals TEKNOLOGI DAN PERTUMBUHAN EKONOMI

2007 ◽  
Vol 2 (2) ◽  
pp. 161
Author(s):  
Eni Setyowati
Keyword(s):  
Total Factor Productivity ◽  
Empirical Analysis ◽  
Technology Innovation ◽  
The Other ◽  
Factor Productivity ◽  
Development Technology ◽  
National Production ◽  
Capital Development ◽  
The Empirical Analysis ◽  
Capital Intensive

People efficiently aware that exploitation of development technology gives significant economy advantage. This such of awareness supports the development of competition in technology innovation and the competition of exploitation technology to reach bigger economy advantage. The economical impact of the exploitation of technology constitutes occurring of management and organization transition in various companies both of a capital intensive and labour intensive. The writer also analyses an opinion of neoclassic economist about advancement of technology. The empirical analysis points out that national production (Y) is not only caused by capital development (K) and the growth of employee (L), but also caused by the other factor, which at the beginning are considered as residual factor. It is called Total Factor Productivity (TFP).

Technical Progress in Indian Agriculture: Temporal Analysis

1992 ◽  
Vol 17 (2) ◽  
pp. 25-34
Author(s):  
Bakul H Dholakia ◽  
Ravindra H Dholakia
Keyword(s):  
Total Factor Productivity ◽  
Technical Progress ◽  
Temporal Analysis ◽  
Factor Productivity ◽  
Indian Economy ◽  
Indian Agriculture

The role of technical progress in determining the performance of Indian agriculture is the issue addressed by Bakul H Dholakia and Ravindra H Dholakia in this paper. An attempt has also been made to estimate the extent of technical progress in Indian agriculture during the period 1950-51 to 1988-89. According to the authors, the contribution of technical progress to the growth of agriculture has been steadily rising and acceleration in total factor productivity has contributed significantly to acceleration in the overall growth of the Indian economy during the eighties.

scholarly journals Does Low-Carbon City Construction Improve Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China

2021 ◽  
Vol 18 (22) ◽  
pp. 11974
Author(s):  
Hongfeng Zhang ◽  
Lu Huang ◽  
Yan Zhu ◽  
Hongyun Si ◽  
Xu He
Keyword(s):  
Economic Development ◽  
Technical Efficiency ◽  
Total Factor Productivity ◽  
Technical Progress ◽  
Scale Efficiency ◽  
Eastern Region ◽  
Low Carbon ◽  
Factor Productivity ◽  
City Construction ◽  
Low Carbon City

Low-carbon city construction (LCC) is an important strategy for countries desiring to improve environmental quality, realize cleaner production, and achieve sustainable development. Low-carbon cities have attracted widespread attention for their attempts to coordinate the relationship between environmental protection and economic development. Using the panel data from 2006 to 2017 of prefecture-level cities in China, this study applied the difference-in-differences (DID) method to analyze the effects of LCC on the total factor productivity (TFP) of the cities and its possible transmission mechanism. The results show significantly positive effects on TFP, but the effects on each component of TFP are different. Although the LCC has promoted technical progress and scale efficiency, it has inhibited technical efficiency. The accuracy of the results has been confirmed by several robustness tests. Mechanism analysis showed that the pilot policy of low-carbon cities has promoted technical progress and scale efficiency by technological innovation and the upgrading of industrial structure, but resource mismatches among enterprises have been the main reason for reduced technical efficiency. Regional heterogeneity analysis showed that the effects on TFP in the eastern region have been more significant than in the central and western regions. In the eastern region, they have promoted technical progress, while in the central and western regions, they have promoted technical progress and scale efficiency but hindered technical efficiency. This paper presents our findings for the effects of LCC on economic development and provides insightful policy implications for the improvement of technical efficiency in low-carbon cities.

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