An Analysis of Total Factor Productivity, Factor demand, and Profit of India’s Agriculture

2015 ◽  
Vol 6 (2) ◽  
pp. 360-370
Author(s):  
Sharmistha Nag ◽  
Debarpita Roy ◽  
Laxmi Joshi ◽  
P. C. Parida ◽  
Hari K. Nagarajan
Keyword(s):  
Total Factor Productivity ◽  
Factor Productivity ◽  
Factor Demand ◽  
Productivity Factor

scholarly journals Unproductive by choice: substitution and the slowdown in aggregate productivity growth in the United States

2019 ◽  
Author(s):  
Zach Flynn
Keyword(s):  
United States ◽  
Growth Rate ◽  
Total Factor Productivity ◽  
Productivity Growth ◽  
The United States ◽  
Aggregate Productivity ◽  
Factor Productivity ◽  
Factor Demand ◽  
Factors Of Production

I propose a new decomposition of aggregate total factor productivity. I model productivity as an index of unmeasured factors of production, and decompose the conditional factor demand for this index. With this model of productivity, changes in the price of labor or capital cause substitution to or from productivity. I study whether such changes explain the slowdown in US productivity growth from 2005 to 2016. I find that the declining growth rate of the effective price of labor and capital encouraged substitution away from productivity. If labor and capital prices had remained constant, productivity growth would be accelerating.

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