Bos, Jaap W.B
[Verfasser:in]
;
Koetter, Michael
[Sonstige Person, Familie und Körperschaft];
Economidou, Claire
[Sonstige Person, Familie und Körperschaft];
Kolari, James W.
[Sonstige Person, Familie und Körperschaft]
Do Technology and Efficiency Differences Determine Productivity?
Erschienen in:Tjalling C. Koopmans Discussion Paper
Umfang:
1 Online-Ressource (28 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.998107
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 14, 2007 erstellt
Beschreibung:
This paper investigates the forces driving output growth, namely technological, efficiency, and input changes, in 80 countries over the period 1970-2000. Relevant past studies typically assume that: (i) countries use resources efficiently, and (ii) the underlying production technology is the same for all countries. We address these issues by estimating a stochastic frontier model, which explicitly accounts for inefficiency, augmented with a latent class structure, which allows for production technologies to differ across groups of countries. Membership of these groups is estimated, rather than determined ex ante. Our results indicate the existence of three groups of countries. These groups differ significantly in terms of efficiency levels, technological change, and the development of capital and labor elasticities. However, a consistent finding across groups is that growth is driven mainly by factor accumulation (capital deepening)