Article ID Journal Published Year Pages File Type
9549387 Economics Letters 2005 6 Pages PDF
Abstract
In this paper we estimate stochastic world production frontiers econometrically taking country heterogeneity into account. From the estimated frontier we obtain estimates of technical change, technological catch-up (efficiency improvement/convergence), and scale related components of total factor productivity (TFP) growth.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Estimation of growth convergence using a stochastic production frontier approach
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