PRODUCTIVITY GROWTH, TECHNICAL PROGRESS, AND EFFICIENCY CHANGE IN INDUSTRIALIZED COUNTRIES

Authors
FARE R GROSSKOPF S NORRIS M ZHANG Z
Citation
R. Fare et al., PRODUCTIVITY GROWTH, TECHNICAL PROGRESS, AND EFFICIENCY CHANGE IN INDUSTRIALIZED COUNTRIES, The American economic review, 84(1), 1994, pp. 66-83
Citations number
34
Categorie Soggetti
Economics
Journal title
The American economic review → ACNP
ISSN journal
00028282
Volume
84
Issue
1
Year of publication
1994
Pages
66 - 83
Database
ISI
SICI code
0002-8282(1994)84:1<66:PGTPAE>2.0.ZU;2-A
Abstract
This paper analyzes productivity growth in 17 OECD countries over the period 1979-1988. A nonparametric programming method (activity analysi s) is used to compute Malmquist productivity indexes. These are decomp osed into two component measures, namely, technical change and efficie ncy change. We find that U.S. productivity growth is slightly higher t han average, all of which is due to technical change. Japan's producti vity growth is the highest in the sample, with almost half due to effi ciency change.