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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28008 |
来源ID | Working Paper 28008 |
A New Measure of Utilization-adjusted TFP Growth for Europe and the United States | |
Diego A. Comin; Javier Quintana Gonzalez; Tom G. Schmitz; Antonella Trigari | |
发表日期 | 2020-11-02 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We compute new estimates for Total Factor Productivity (TFP) growth in the United States and in five European countries. Departing from standard methods, we account for positive profits and use firm surveys to proxy for unobserved changes in factor utilization. These novelties have a major impact, especially in Europe, where our estimated TFP growth series are less volatile and less cyclical than the ones obtained with standard methods. Based on our approach, we provide annual industry-level and aggregate TFP series, as well as the first estimates of utilization-adjusted quarterly TFP growth in Europe. |
主题 | Macroeconomics ; Business Cycles ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity |
URL | https://www.nber.org/papers/w28008 |
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/585682 |
推荐引用方式 GB/T 7714 | Diego A. Comin,Javier Quintana Gonzalez,Tom G. Schmitz,et al. A New Measure of Utilization-adjusted TFP Growth for Europe and the United States. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28008.pdf(1538KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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