Dergiler / İşletme ve Ekonomi Araştırmaları Dergisi / 2017 / Cilt: 8 - Sayı: 1

Total Factor Productivity and Efficiency in OECD Countries: Possibility of Convergence in 2000-2012 Period

Sayfa
1–18
Yayın Tarihi
2022-10-18
DOI
—
🏛️Bu makalenin bibliyografik verileri ve tam metin bağlantısı DergiPark üzerinden sağlanmıştır.
DergiPark Kaydı ↗
✨

Yapay Zeka Hızlı Bakış & Çıkarımlar

AI Insight
⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Similar results are reported for Sigma convergence

📌 3 Maddede Bu Makale

🎯
Amaç & Hipotez:This study discusses efficiency, productivity, and the existence of convergence in 34 OECD countries between 2000 and 2012.
📊
Temel Bulgular & Veri:Analysis of productivity by using the Malmquist Index indicates that productivity was positive but increased less than 1 percent at the end of the period.
💡
Sonuç & Katkı:Similar results are reported for Sigma convergence
🔬Tür:Modelleme & Sayısal Simülasyon
📍Kapsam:2000 Verileri
⚙️Değişkenler:Alan Parametreleri

Abstract

This study discusses efficiency, productivity, and the existence of convergence in 34 OECD countries between 2000 and 2012. Physical capital per worker and human capital per worker are used as inputs to determine total factor productivity and efficiency scores in data envelopment analysis while GDP per worker is used as the output. Efficiency scores observed in CCR and BCC models indicate that Latin American and Eastern European countries are more efficient. Analysis of productivity by using the Malmquist Index indicates that productivity was positive but increased less than 1 percent at the end of the period. Panel regression estimation is used for standard deviations of convergence and to determine beta convergence. If GDP per worker is (yi), there is convergence between log(yi/yi,t-T,) and starting values log(yi,t-T); however, the convergence effect of TFP values could not be determined. Similar results are reported for Sigma convergence

🔖

Bu Makaleye Atıf Yap

KABASAKAL, A., KUTLAR, A., GÜLMEZ, A. (2022). Total Factor Productivity and Efficiency in OECD Countries: Possibility of Convergence in 2000-2012 Period. İşletme ve Ekonomi Araştırmaları Dergisi, Cilt: 8 - Sayı: 1, 1–18. https://ajindex.com/articles/556492

📄 Tam Metin PDF Okuyucu

📄

PDF görüntüleyici hazırlanıyor...

Kaynakça (13)

  1. Abramovitz, M. (1986). Catching up, forging ahead, and falling behind. Journal of Economic History, 46(2), 385-406.
  2. Banker, R.D., Charnes, A., & Cooper, W.W. (1984). Some models for estimating technical and scale inefficiencies in data envelopment analysis. Management Science, 30(9), 1078-1092.
  3. Barro, R.J., & Sala-i-Martin, X. (1992). Convergence. Journal of Political Economy, 100(2), 223-251.
  4. Barro, R.J., Sala-i-Martin, X., Blanchard, O.J., & Hall, R.E., (1991). Convergence across states and regions. Brookings Papers on Economic Activity, 1991(1), 107-182.
  5. Barro, R.J., & Sala-i-Martin, X. (1995).
  6. Economic growth. Cambridge, MA: MIT Press.
  7. Cass, D. 1965. Optimum growth in an aggregative model of capital accumulation. Review of Economic Studies, 32(91), 233-240.
  8. Caves, D.W., Christensen, L.R., & Diewert, W.E. (1982). The economic theory of index numbers and the measurement of input, output, and productivity. Econometrica, 50(6), 1393–1414.
  9. Charnes, A., Cooper, W.W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of Operational Research, 2, 429–444.
  10. Charnes, A., Cooper, W.W., & Rhodes, E. (1979). Short communication: Measuring the efficiency of decision making units. European Journal of Operational Research, 3, 339. Chen, P.C. & Yu, M.M. (2014). Total factor productivity growth and directions of technical change bias: Evidence from 99 OECD and non-OECD countries. Annals of Operations Research, 214(1), 143-165.
  11. Coelli, T.J., Rao, D.S.P., O’Donell, C.J., & Battese, G.E. (2005). An introduction to efficiency and productivity analysis. 2nd ed. New York: Springer. Cooper, W.W., Seiford, L.M., & Zhu, J. (2011). Handbook on data envelopment analysis. 2nd ed. New York: Springer. Danquah, M., Enrique, M.B., & Bazoumana, O. (2014). TFP growth and its determinants: A model averaging approach. Empirical Economics, 47(1), 227-251.
  12. Debreu, G. (1951). The coefficient of resource utilization. Econometrica, 19(3), 273–292.
  13. Dowrick, S., & Nguyen, D.T. (1989). OECD Comparative economic growth 1950-85: catch-up and convergence. The American Economic Review, 79(5), 1010-1030. Färe, R. (1988). Fundamentals of production theory. Heidelberg: Springer-Verlag. Färe, R., Grosskopf, S., & Dimitri, M. (2006). Productivity growth and convergence in the European Union. Journal of Productivity Analysis, 25(1-2), 111-141. Färe, R., Grosskopf, S., & Margaritis, D. (2011). Malmquist productivity indexes and DEA. In Handbook on Data Envelopment Analysi