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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w6475 |
来源ID | Working Paper 6475 |
Total Factor Productivity Growth in the Canadian Life Insurance Industry: 1979-1989 | |
Jeffrey I. Bernstein | |
发表日期 | 1998-03-01 |
出版年 | 1998 |
语种 | 英语 |
摘要 | This is the first paper to directly measure and decompose total factor productivity growth (TFPG) for the Canadian life insurance industry. TFPG averaged 1.0 percent per year over the period from 1979 to 1989, thereby outperforming many manufacturing industries. The rate of TFPG was 0.2 percent in the first half of the 1980's due to the depressed economy and 1.9 percent in the last half of the decade. Technological change was the major element contributing to TFPG. There was a large residual element in the decomposition of TFPG, reflecting possible adjustment costs associated with new information processing technologies. |
主题 | Microeconomics ; Households and Firms ; Financial Economics ; Financial Institutions |
URL | https://www.nber.org/papers/w6475 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563992 |
推荐引用方式 GB/T 7714 | Jeffrey I. Bernstein. Total Factor Productivity Growth in the Canadian Life Insurance Industry: 1979-1989. 1998. |
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w6475.pdf(1063KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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