Total factor productivity measurement and human capital in OECD countries

被引：62
|
作者：
Maudos, J
Pastor, JM
Serrano, L
机构：
[1] Univ Valencia, Dept Anal Econ, Valencia, Spain
[2] Inst Valenciano Invest Econ, Valencia 46020, Spain
来源：
ECONOMICS LETTERS | 1999年 / 63卷 / 01期
关键词：
human capital; efficiency; technical change; Malmquist productivity index;
D O I：
10.1016/S0165-1765(98)00252-3
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper analyses the Total Factor Productivity (TFP) evolution in OECD countries by breaking down productivity gains into technical change and efficiency change. To avoid biases, Malmquist indices of productivity, including human capital, are estimated. The results indicate that, in fact, the inclusion of human capital has a significant effect on the accurate measurement of TFP. (C) 1999 Elsevier Science S.A. All rights reserved.
引用
收藏
页码：39 / 44
页数：6
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