Alternative Approaches to Analysis of Total Factor Productivity at the Plant Level

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (167 download)

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Book Synopsis Alternative Approaches to Analysis of Total Factor Productivity at the Plant Level by : Robert H. Schnorbus

Download or read book Alternative Approaches to Analysis of Total Factor Productivity at the Plant Level written by Robert H. Schnorbus and published by . This book was released on 1987 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Different approaches for estimation of total factor productivity

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Publisher : Amazon Publishers, USA
ISBN 13 :
Total Pages : pages
Book Rating : 4.6/5 (692 download)

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Book Synopsis Different approaches for estimation of total factor productivity by : Veerabhadrappa Bellundagi

Download or read book Different approaches for estimation of total factor productivity written by Veerabhadrappa Bellundagi and published by Amazon Publishers, USA. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Total-factor productivity (TFP) is a variable which accounts for effects in total output not caused by traditionally measured inputs of labour and capital. If all inputs are accounted for, then total factor productivity can be taken as a measure of an economy’s long-term technological change or technological dynamism, scale of economies and efficiency.TFP is regarded as the more accurate productivity measure than the partial productivity measure. The broader the coverage of resources, the better is the productivity measure. The best measure is one that compares output with the combined use of all resources” (Chandel, 2007). TFP is the change in output relative to a weighted combination of all inputs, where the weights are factor shares. Some authors also define TFP as contribution of non-traditional inputs to output. For example non inputs were technology, irrigation, infrastructure, managerial skills and so on.The calculated TFP is decomposed in to a) Scale of economies b) Technical change and c) Residual or Efficiency or Management to know the contribution of non-conventional inputs to the output growth.There are different approaches for estimation of TFP, such as Production function approach, Growth accounting approach and Non-Parametric approach.World ScenarioCoelli, et al., 2003, conducted a study on Total Factor Productivity growth in Agriculture: A Malmquist index analysis of 93 Countries. The results shown that, Asia as a region posted the highest TFP growth of 2.9 percent followed by North America (consisting of USA and Canada), Australasia, Europe, Africa and South America. South America has posted the lowest growth rate of 0.6 per cent followed by Africa with 1.3 per cent growth in TFP. A surprising result is that over the period 1980-2000. The results on continent-level information for six regions revealed that, the largest difference occurs for South and Central America, where the average TFP growth measure increases from 0.6 percent to 1.5 per cent per annum.Country ScenarioChand et al., 2011, estimated average annual TFP growth for the major crops cultivated in India. Among cereals, wheat experienced the highest growth in TFP index during the three decades from 1975 to 2005. Among pulses, the TFP growth was estimated to be 0.5 per cent for moong, followed by gram (0.2 per cent). TFP for Arhar and Urad crops displayed a decline over the past three decades. The TFP is a useful indicator of changes in long-term productivity. The TFP growth (TFPG) in the oilseed sector varied in the range 0.7-0.8 per cent per annum.An attempt was made to analyze the TFP of ragi in Karnataka. The results shown that, TFP for ragi increased from 1.17 during 1999 to 1.81 in 2013. The TFP fell to 0.61 in 2011 and 0.67 in 2008 due to drought during that period. The highest TFP index was observed in 2007-08 (2.18). The average TFP index for 15 years was 1.12.The output index of ragi increased from 1.40 in 1999 to 1.79 in 2013. The average input index of ragi was 1.14 for fifteen years.Suresh, K. 2013, conducted a study on Economic impact of public sector agricultural research in ragi and redgram in Karnataka. The results revealed that, the Total Factor Productivity index of redgram grew at the rate of 3.31 per cent per annum and that of ragi grew at 4.75 per cent per annum. Thus, Public research significantly contributed to TFP growth in ragi.ConclusionTotal factor productivity can be estimated by different approaches. In growth accounting approach the tornqvist-thiel index is commonly used which is based on translog production function. The TFP decomposition analysis helps to identify factors which influence the total factor productivity growth. The results of the decomposition analysis indicate which variable contribute to growth in productivity. This will enable policy makers to suggest plan and programmes to achieve total factor productivity growth.

New Developments in Productivity Analysis

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Publisher : University of Chicago Press
ISBN 13 : 0226360644
Total Pages : 648 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten

Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.

Economic Analysis of Diversity in Modern Wheat

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Publisher : CRC Press
ISBN 13 : 0429526679
Total Pages : 134 pages
Book Rating : 4.4/5 (295 download)

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Book Synopsis Economic Analysis of Diversity in Modern Wheat by : Erika C.H. Meng

Download or read book Economic Analysis of Diversity in Modern Wheat written by Erika C.H. Meng and published by CRC Press. This book was released on 2019-04-23 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific breeding in the twentieth century greatly accelerated wheat`s evolution, producing high-yielding varieties that helped avoid famine in many developing countries. Emerging scientific tools hold promise for identifying and tapping new, useful genetic diversity within wheat`s primary and secondary gene pools and, through genetic engineering, beyond.The book describes generally how policies affect wheat genetic diversity; it looks at historical changes in wheat genetic diversity, as policy and priorities have evolved; it identifies factors that explain changes and differences in spatial diversity; and finally, it analyzes the productivity impacts of changes in diversity. Chapters define various types of crop genetic diversity and ways to measure them, framing the definitions and metrics in the contexts for which they are most relevant.

The Fed in Print

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ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis The Fed in Print by :

Download or read book The Fed in Print written by and published by . This book was released on 1987 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measures of Fit for Calibrated Models

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ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Measures of Fit for Calibrated Models by : Mark W. Watson

Download or read book Measures of Fit for Calibrated Models written by Mark W. Watson and published by . This book was released on 1991 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Impact of Business Environment and Economic Geography on Plant-level Productivity

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 53 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Impact of Business Environment and Economic Geography on Plant-level Productivity by : Somik V. Lall

Download or read book The Impact of Business Environment and Economic Geography on Plant-level Productivity written by Somik V. Lall and published by World Bank Publications. This book was released on 2005 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The authors' analysis of manufacturing plants sampled from India's major industrial centers shows large productivity gaps across cities. The gaps partly reflect differences in agglomeration economies and in market access. However, they are also explained to a greater extent by differences in the degree of labor regulation and in the severity of power shortages. This is an indication that governments can help narrow regional disparities in industrial growth by fostering the "right business environment" in locations where industry might otherwise be held back by powerful forces of economic geography. There is indeed a pattern in the data whereby geographically disadvantaged cities seem to compensate partially for their natural disadvantage by having a better business environment than more geographically advantaged locations. "--World Bank web site.

Productivity Analysis

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Publisher : Springer Science & Business Media
ISBN 13 : 9401174024
Total Pages : 186 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Productivity Analysis by : Ali Dogramaci

Download or read book Productivity Analysis written by Ali Dogramaci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a wide variety of perspectives for productivity analysis. The back grounds of different researchers and practitioners who work on this topic include such fields as economics, business administration, and industrial engineering, among others. Within each such field, there are different schools of thought on the theory and application of productivity analysis. Often it is not difficult to observe a lack of communication among the advocates of these separate schools. The purpose of this book is to present in a single volume samples of alternative approaches to productivity analy sis. This may be considered as a first step toward a better communication among practitioners and researchers in the fields of management, industrial engineering, and economics. The focus of the book is on the United States, where the productivity growth problem has been acute for some time. The book begins with a brief overview chapter that covers some of the issues involved in productivity analysis and a sample of methodological ap proaches presently in use. After this introduction, we move to Chapter 2 where Solomon Fabricant presents the issues related to measurement and analysis at the macroeconomic level. In Chapter 3, C. Lowell Harriss discusses concepts that he considers es sential for productivity growth: capital formation, technological progress, and freedom.

Economic Fundamentals of Power Plant Performance

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Publisher : Routledge
ISBN 13 : 1136621695
Total Pages : 353 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Economic Fundamentals of Power Plant Performance by : Almas Heshmati

Download or read book Economic Fundamentals of Power Plant Performance written by Almas Heshmati and published by Routledge. This book was released on 2013-06-17 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stability of the electricity industry is crucial for economic growth of all nations. Sustainable economic growth cannot be accomplished without secured energy supply. The book underlines how management of the electricity industry should be conducted and the efficient form of electricity market structure. The book also studies the electricity industry in Korea which has been a strongly supportive and vital factor in the economic development of Korea for the last few decades. The book focuses on the three market players of the electricity market and they are the suppliers, consumers and the government-related organizations. It includes detailed information on generation and finances at the generator level and analyzes the efficiency differences among generators, plants and business units by using different performance measurement methods. It identifies and analyzes different production factors' effectiveness and relationships in generation. The comprehensive analysis helps to provide explanations in the differences in the performance of the studied units. The book also discusses the implications of the findings for future resource allocation and how we can further enhance the efficiency of the industry. The book will appeal to those interested in energy and energy policies, as well as researchers and practitioners in the economic development and electricity and utilities industry.

In the Dark

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Publisher : World Bank Publications
ISBN 13 : 1464812896
Total Pages : 243 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis In the Dark by : Fan Zhang

Download or read book In the Dark written by Fan Zhang and published by World Bank Publications. This book was released on 2018-12-12 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity shortages are among the biggest barriers to South Asia’s development. Some 255 million people—more than a quarter of the world’s off-grid population—live in South Asia, and millions of households and firms that are connected experience frequent and long hours of blackouts. Inefficiencies originating in every link of the electricity supply chain contribute significantly to the power deficit. Three types of distortions lead to most of the inefficiencies: institutional distortions caused by state ownership and weak governance; regulatory distortions resulting from price regulation, subsidies, and cross-subsidies; and social distortions (externalities) causing excessive environmental and health damages from energy use. Using a common analytical framework and covering all stages of power supply, In the Dark identifies and estimates how policy-induced distortions have affected South Asian economies. The book introduces two innovations. First, it goes beyond fiscal costs, evaluating the impact of distortions from a welfare perspective by measuring the impact on consumer wellbeing, producer surplus, and environmental costs. And second, the book adopts a broader definition of the sector that covers the entire power supply chain, including upstream fuel supply and downstream access and reliability. The book finds that the full cost of distortions in the power sector is far greater than previously estimated based on fiscal cost alone: The estimated total economic cost is 4†“7 percent of the gross domestic product in Bangladesh, India, and Pakistan. Some of the largest costs are upstream and downstream. Few other reforms could quickly yield the huge economic gains that power sector reform would produce. By expanding access to electricity and improving the quality of supply, power sector reform would also directly benefit poor households. The highest payoffs are likely to come from institutional reforms, expansion of reliable access, and the appropriate pricing of carbon and local air pollution emissions.

Handbook of the Economics of International Migration

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Publisher : Elsevier
ISBN 13 : 044463388X
Total Pages : 1702 pages
Book Rating : 4.4/5 (446 download)

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Book Synopsis Handbook of the Economics of International Migration by : Barry Chiswick

Download or read book Handbook of the Economics of International Migration written by Barry Chiswick and published by Elsevier. This book was released on 2014-12-08 with total page 1702 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic literature on international migration interests policymakers as well as academics throughout the social sciences. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s. This literature appears in the general economics journals, in various field journals in economics (especially, but not exclusively, those covering labor market and human resource issues), in interdisciplinary immigration journals, and in papers by economists published in journals associated with history, sociology, political science, demography, and linguistics, among others. Covers a range of topics from labor market outcomes and fiscal consequences to the effects of international migration on the level and distribution of income – and everything in between. Encompasses a wide range of topics related to migration and is multidisciplinary in some aspects, which is crucial on the topic of migration Appeals to a large community of scholars interested in this topic and for whom no overviews or summaries exist

Clusters, Networks, and Innovation

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Publisher : OUP Oxford
ISBN 13 : 0191515299
Total Pages : 524 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Clusters, Networks, and Innovation by : Stefano Breschi

Download or read book Clusters, Networks, and Innovation written by Stefano Breschi and published by OUP Oxford. This book was released on 2005-12-22 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments and regional authorities often express the belief that the key to prosperity and economic expansion is related to the ability of countries to sustain regional clusters of competitiveness and innovation. The book reviews the most important conceptual approaches to the analysis of the emergence, growth and evolution of clusters of innovation. Drawing from the different experiences of industrial districts and high-tech regions such as Silicon Valley, Boston's biotech region, and Hsinchu-Taipei, the contributions in this book offer a broad interpretative framework and policy implications for the creation and strengthening of competitive clusters. Themes include: · the wide variety of existing clusters and the diversity in their emergence and growth; · the international mobility of factors and demand linkages; · the role of different network types and the social setting; · the accumulation of capabilities in key large actors and the importance of spinoffs and new firm formation; · the role of different learning regimes and sectoral specificities; · the importance of social networks, labour mobility, and face-to-face contacts as vehicles of knowledge spillovers. Broad implications are drawn for the design of policies to encourage successful economic clusters in developed and developing clusters.

OECD Studies on Environmental Innovation Energy and Climate Policy Bending the Technological Trajectory

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Publisher : OECD Publishing
ISBN 13 : 9264174575
Total Pages : 133 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis OECD Studies on Environmental Innovation Energy and Climate Policy Bending the Technological Trajectory by : OECD

Download or read book OECD Studies on Environmental Innovation Energy and Climate Policy Bending the Technological Trajectory written by OECD and published by OECD Publishing. This book was released on 2012-11-20 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a series of papers that explore the extent to which technological innovation can lower the cost of achieving climate change mitigation objectives.

Price Measurements and Their Uses

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Publisher : University of Chicago Press
ISBN 13 : 0226257320
Total Pages : 404 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Price Measurements and Their Uses by : Murray F. Foss

Download or read book Price Measurements and Their Uses written by Murray F. Foss and published by University of Chicago Press. This book was released on 2007-12-01 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an economy characterized by frequent change in technology, in the types of goods and services purchased, and in the forms of business organization, keeping track of price change continues to pose many difficulties. Price change affects the way we perceive changes in such basic measures as real output, productivity, and living standards. This volume, which brings together academic economists with those responsible for official price indexes, presents outstanding new research on price measurement. Half of the papers focus on prices for mainframe and personal computers, semiconductors, and other high-tech products, using mainly hedonic techniques. The volume includes a panel discussion by distinguished economists about the theoretical and practical considerations of how best to measure price change of capital goods whose quality is changing rapidly. The authors also present new research on more conventional but still unsettled problems in the price field affecting both the consumer and producer price indexes of the Bureau of Labor Statistics.

International Trade

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Publisher : OUP Oxford
ISBN 13 : 9780198297116
Total Pages : 734 pages
Book Rating : 4.2/5 (971 download)

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Book Synopsis International Trade by : Luis Rivera-Batiz

Download or read book International Trade written by Luis Rivera-Batiz and published by OUP Oxford. This book was released on 2003 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title offers an integrated account of strategic trade analysis, combined with empirical evidence and new results. It addresses the need to synthesize and integrate the new advances in a field that has become a key element of policy discussions.

Center for Economic Studies Discussion Paper

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Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Center for Economic Studies Discussion Paper by :

Download or read book Center for Economic Studies Discussion Paper written by and published by . This book was released on 1988 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Trade Policy, Inequality and Performance in Indian Manufacturing

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Publisher : Taylor & Francis
ISBN 13 : 0415413354
Total Pages : 187 pages
Book Rating : 4.4/5 (154 download)

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Book Synopsis Trade Policy, Inequality and Performance in Indian Manufacturing by : Kunal Sen

Download or read book Trade Policy, Inequality and Performance in Indian Manufacturing written by Kunal Sen and published by Taylor & Francis. This book was released on 2009 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the implications of trade reforms with reference to the 1991 reforms for India's manufacturing sector. The gradualist nature of the reform process, the move from a restrictive policy regime to an open one, and the unevenness of the reforms across sectors make the Indian economy a relevant context for understanding the welfare implications of trade reforms.