Trading Gains and Productivity: A Törnqvist Approach
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Ulrich Kohli & Jean-Marc Natal, 2014. "The real exchange rate and the structure of aggregate production," Journal of Productivity Analysis, Springer, vol. 42(1), pages 1-13, August.
- Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
- Ulrich Kohli, 2003. "Terms of trade, real GDP, and real value added: A new look at New Zealand's growth performance," New Zealand Economic Papers, Taylor & Francis Journals, vol. 37(1), pages 41-66.
- Marshall B. Reinsdorf, 2010. "Terms Of Trade Effects: Theory And Measurement," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 177-205, June.
- Timothy J. Kehoe & Kim J. Ruhl, 2008.
"Are Shocks to the Terms of Trade Shocks to Productivity?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 804-819, October.
- Timothy J. Kehoe & Kim J. Ruhl, 2007. "Are Shocks to the Terms of Trade Shocks to Productivity?," NBER Working Papers 13111, National Bureau of Economic Research, Inc.
- Timothy J. Kehoe & Kim J. Ruhl, 2007. "Are shocks to the terms of trade shocks to productivity?," Staff Report 391, Federal Reserve Bank of Minneapolis.
- Jones, Ronald W. & Peter Neary, J., 1984.
"The positive theory of international trade,"
Handbook of International Economics, in: R. W. Jones & P. B. Kenen (ed.), Handbook of International Economics, edition 1, volume 1, chapter 1, pages 1-62,
Elsevier.
- Ronald W. Jones & J. Peter Neary, 1982. "Positive theory of international trade," Working Papers 198203, School of Economics, University College Dublin.
- repec:bla:ecorec:v:78:y:2002:i:242:p:312-26 is not listed on IDEAS
- Ulrich R. Kohli, 1978. "A Gross National Product Function and the Derived Demand for Imports and Supply of Exports," Canadian Journal of Economics, Canadian Economics Association, vol. 11(2), pages 167-182, May.
- W. M. Corden, 1960. "The Geometric Representation of Policies to Attain Internal and External Balance," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 28(1), pages 1-22.
- Nicholas Oulton, 2004.
"Productivity Versus Welfare; Or GDP Versus Weitzman's NDP,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 50(3), pages 329-355, September.
- Nicholas Oulton, 2002. "Productivity versus welfare: or, GDP versus Weitzman's NDP," Bank of England working papers 163, Bank of England.
- Kalyan K. Sanyal & Ronald W. Jones, 2018.
"The Theory of Trade in Middle Products,"
World Scientific Book Chapters, in: International Trade Theory and Competitive Models Features, Values, and Criticisms, chapter 13, pages 203-231,
World Scientific Publishing Co. Pte. Ltd..
- Sanyal, Kalyan K & Jones, Ronald W, 1982. "The Theory of Trade in Middle Products," American Economic Review, American Economic Association, vol. 72(1), pages 16-31, March.
- Ulrich Kohli, 2004. "An Implicit Törnqvist Index of Real GDP," Journal of Productivity Analysis, Springer, vol. 21(3), pages 337-353, May.
- Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
- Ryan Macdonald, 2010. "Real Gross Domestic Income, Relative Prices, And Economic Performance Across The Oecd," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(3), pages 498-518, September.
- Macdonald, Ryan, 2010. "Real Gross Domestic Income, Relative Prices and Economic Performance Across the OECD," Economic Analysis (EA) Research Paper Series 2010059e, Statistics Canada, Analytical Studies Branch.
- Kohli, Ulrich, 1993. "A Symmetric Normalized Quadratic GNP Function and the U.S. Demand for Imports and Supply of Exports," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(1), pages 243-255, February.
- Timothy J. Kehoe & Kim J. Ruhl, 2008.
"Are Shocks to the Terms of Trade Shocks to Productivity?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 804-819, October.
- Timothy J. Kehoe & Kim Ruhl, 2008. "Data Appendix to "Are Shocks to the Terms of Trade Shocks to Productivity?"," Online Appendices 07-40, Review of Economic Dynamics.
- Kevin J. Fox & Ulrich Kohli & Ronald S. Warren Jr., 2002. "Accounting for Growth and Output Gaps: Evidence from New Zealand," The Economic Record, The Economic Society of Australia, vol. 78(242), pages 312-326, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Nicholas Oulton, 2023.
"The effect of changes in the terms of trade on GDP and welfare: A Divisia approach to the System of National Accounts,"
Manchester School, University of Manchester, vol. 91(4), pages 261-282, July.
- Oulton, Nicholas, 2023. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the system of national accounts," LSE Research Online Documents on Economics 118693, London School of Economics and Political Science, LSE Library.
- Abdul A. Erumban, 2023. "The Falling Productivity in West Asian Arab Countries Since the 1980s: Causes, Consequences, and Cures," International Productivity Monitor, Centre for the Study of Living Standards, vol. 44, pages 89-119, Fall.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ville Kaitila, 2016.
"GDP growth in Russia: different capital stock series and the terms of trade,"
Post-Communist Economies, Taylor & Francis Journals, vol. 28(2), pages 129-145, April.
- Kaitila, Ville, 2015. "GDP Growth in Russia: Different Capital Stock Series and the Terms of Trade," ETLA Working Papers 28, The Research Institute of the Finnish Economy.
- Nicholas Oulton, 2023.
"The effect of changes in the terms of trade on GDP and welfare: A Divisia approach to the System of National Accounts,"
Manchester School, University of Manchester, vol. 91(4), pages 261-282, July.
- Oulton, Nicholas, 2023. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the system of national accounts," LSE Research Online Documents on Economics 118693, London School of Economics and Political Science, LSE Library.
- Kohli, Ulrich, 2004. "Real GDP, real domestic income, and terms-of-trade changes," Journal of International Economics, Elsevier, vol. 62(1), pages 83-106, January.
- Ulrich Kohli, 2003. "Terms of trade, real GDP, and real value added: A new look at New Zealand's growth performance," New Zealand Economic Papers, Taylor & Francis Journals, vol. 37(1), pages 41-66.
- Samuel Verevis & Murat Üngör, 2021. "What has New Zealand gained from The FTA with China?: Two counterfactual analyses†," Scottish Journal of Political Economy, Scottish Economic Society, vol. 68(1), pages 20-50, February.
- Nicholas Oulton, 2021. "The effect of changes in the terms of trade on GDP and welfare: a Divisia approach to the SNA," Discussion Papers 2126, Centre for Macroeconomics (CFM).
- Chihiro Shimizu & Erwin Diewert & Koji Nomura, 2024. "Estimating Flexible Functional Forms using Macroeconomic Data," Working Papers e206, Tokyo Center for Economic Research.
- Andreas Benedictow & Pål Boug, 2014. "Calculating the real return of the Norwegian Government Pension Fund Global by alternative measures of the deflator," Discussion Papers 775, Statistics Norway, Research Department.
- W. Erwin Diewert, 2022.
"Duality in Production,"
Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 3, pages 57-168,
Springer.
- Diewert, Erwin, 2018. "Duality in Production," Microeconomics.ca working papers erwin_diewert-2018-2, Vancouver School of Economics, revised 06 Feb 2018.
- Marshall B. Reinsdorf, 2010. "Terms Of Trade Effects: Theory And Measurement," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 177-205, June.
- Ulrich Kohli, 2006. "Terms-of-Trade Changes, Real GDP, and Real Value Added in the Open Economy: Reassessing Hong Kong's Growth Performance," Working Papers 052006, Hong Kong Institute for Monetary Research.
- Robert C. Feenstra & Benjamin R. Mandel & Marshall B. Reinsdorf & Matthew J. Slaughter, 2013.
"Effects of Terms of Trade Gains and Tariff Changes on the Measurement of US Productivity Growth,"
American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 59-93, February.
- Robert C. Feenstra & Benjamin R. Mandel & Marshall B. Reinsdorf & Matthew J. Slaughter, 2009. "Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth," NBER Working Papers 15592, National Bureau of Economic Research, Inc.
- Robert G Gregory, 2012.
"Living standards, terms of trade and foreign ownership: reflections on the Australian mining boom,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 56(2), pages 171-200, April.
- Gregory, Robert G., 2012. "Living standards, terms of trade and foreign ownership: reflections on the Australian mining boom," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 56(2), pages 1-30.
- R.G. Gregory, 2011. "Living Standards, Terms of Trade and Foreign Ownership: Reflections on the Australian Mining Boom," CEPR Discussion Papers 656, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Robert J. Hill & Alice O. Nakamura, 2010. "Improving Inflation And Related Performance Measures For Nations: An Introduction," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(s1), pages 1-10, June.
- Lila J. Truett & Dale B. Truett, 2011. "Whither Germany and the EMU In a Challenging Environment?," Working Papers 0019, College of Business, University of Texas at San Antonio.
- Chapda Nana, Guy & Larue, Bruno, 2012. "Imposing Curvature Conditions on Flexible Functional Forms to GNP Functions," Working Papers 123308, University of Laval, Center for Research on the Economics of the Environment, Agri-food, Transports and Energy (CREATE).
- Chihiro Shimizu & Erwin Diewert & Koji Nomura, 2023. "Improving the SNA: Alternative Measures of Output, Input, Income and Productivity for China," Working Papers e178, Tokyo Center for Economic Research.
- Wolfgang Nierhaus, 2019. "Realwert des Bruttoinlandsprodukts und Terms of Trade: Methodik und Ergebnisse für das Jahr 2018," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(04), pages 44-52, February.
- Fox, Kevin J. & Grafton, R. Quentin & Kirkley, James & Squires, Dale, 2003.
"Property rights in a fishery: regulatory change and firm performance,"
Journal of Environmental Economics and Management, Elsevier, vol. 46(1), pages 156-177, July.
- Kevin J. Fox & R. Quentin Grafton & James Kirkley & Dale Squires, 2002. "Property Rights in a Fishery: Regulatory Change and Firm Performance," Economics and Environment Network Working Papers 0205, Australian National University, Economics and Environment Network.
- Kevin J Fox, 2005. "Returns to Scale, Technical Progress and Total Factor Productivity Growth in New Zealand Industries," Treasury Working Paper Series 05/04, New Zealand Treasury.
More about this item
Keywords
Productivity; Trading Gains; Tornqvist;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sls:ipmsls:v:42:y:2022:3. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CSLS (email available below). General contact details of provider: https://edirc.repec.org/data/cslssca.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.