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Changes in Total Factor Productivity

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  • Prochniak, Mariusz

Abstract

The chapter includes the analysis of total factor productivity (TFP) for 11 CEE countries, referred to as the EU11 (Poland, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Romania, Slovakia, and Slovenia) during the 2006–2015 period. To assess changes in total factor productivity during that period, we also present the average TFP growth rates for the following subperiods: 2006–2007, 2008–2010, 2011–2014, and 2015. The analysis is conducted using the growth accounting framework. Growth accounting is an empirical exercise aimed at calculating how much economic growth is caused by changes in measurable factor inputs and in the level of technology.

Suggested Citation

  • Prochniak, Mariusz, 2016. "Changes in Total Factor Productivity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 141-148.
    • Handle: RePEc:zbw:espost:147258
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    File URL: https://www.econstor.eu/bitstream/10419/147258/1/Report%20Poland%202016%2c%20chapter%209%2c%20TFP.pdf
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    References listed on IDEAS

    as
    1. World Bank, 2016. "World Development Indicators 2016," World Bank Publications - Books, The World Bank Group, number 23969.
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    Cited by:

    1. Urszula Markowska-Przybyła, 2020. "Does Social Capital Matter for Total Factor Productivity? Exploratory Evidence from Poland," Sustainability, MDPI, vol. 12(23), pages 1-25, November.

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    More about this item

    Keywords

    economic growth; total factor productivity; growth accounting;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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