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60 años de productividad: Enfoques para su estimación en Nicaragua
[60 years of productivity: Approaches to its estimation in Nicaragua]

Author

Listed:
  • Angulo, Laura
  • Godínez, Raúl
  • López, Axsell

Abstract

This research addresses the estimation of total factor productivity for Nicaragua throughout the period 1960-2019 by means of three methods: Solow residual, direct substitution method, and Malmquist index. Based on the results obtained, it is concluded that the direct substitution method is more favorable in long series for the Nicaraguan economy given its particular historical evolution and that the contribution of productivity to economic growth averaged 18 %.

Suggested Citation

  • Angulo, Laura & Godínez, Raúl & López, Axsell, 2020. "60 años de productividad: Enfoques para su estimación en Nicaragua [60 years of productivity: Approaches to its estimation in Nicaragua]," MPRA Paper 104943, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:104943
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Nicaragua; productivity; Solow residual; Malmquist Index; Direct substitution;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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