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Total Factor Productivity Estimation in Peru: Primal and Dual Approaches.
- Source :
-
Economía (02544415) . 2014, Vol. 37 Issue 73, p9-29. 21p. - Publication Year :
- 2014
-
Abstract
- In this paper we estimate total factor productivity (TFP) growth for the Peruvian economy using the primal and dual methods for the period 2003-2012. According to the primal method, a procedure that uses the Solow residual as an indicator of productivity, TFP grew at an average annual rate of 1.6%, adjusted for the quality and usage of the factors of production. According to the dual method, a procedure that considers estimations of the marginal productivities of the factors of production, TFP grew at an annual rate of 1.7%. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 02544415
- Volume :
- 37
- Issue :
- 73
- Database :
- Academic Search Index
- Journal :
- Economía (02544415)
- Publication Type :
- Academic Journal
- Accession number :
- 102928533
- Full Text :
- https://doi.org/10.18800/economia.201401.001