Decomposing Total Factor Productivity Growth in Manufacturing and Services

Using the World Input–Output Database, this paper calculates total factor productivity (TFP) growth for a sample of 40 economies during the period 1995–2009 to show that TFP growth in Asian economies has been relatively strong. In a number of Asian economies, TFP growth in services has outpaced that...

Full description

Bibliographic Details
Main Authors: Neil Foster-McGregor, Bart Verspagen
Format: Article
Language:English
Published: World Scientific Publishing 2017-03-01
Series:Asian Development Review
Subjects:
Online Access:https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00082