Productivity in Emerging Countries
English

Piracy-free
Piracy-free
Assured Quality
Assured Quality
Secure Transactions
Secure Transactions
Fast Delivery
Fast Delivery
Sustainably Printed
Sustainably Printed
Delivery Options
Please enter pincode to check delivery time.
*COD & Shipping Charges may apply on certain items.
Review final details at checkout.
downArrow

Details

About The Book

Emerging countries are increasingly concerned with improving their competitiveness and productivity. This Element develops a robust econometric methodology based on controlling for usual unobservable effects at the firm or plant level. By robust empirical results in total factor productivity (TFP) we mean estimating investment climate (IC) elasticities or semi-elasticities with equal signs and similar magnitudes for more than ten different competing TFP measures. The key to achieve similar empirical results for several TFP measures is to avoid having a problem omitted variables achieved through imputation of large proportions of missing observations in relevant variables (i.e. the capital stock). Furthermore through the use of a new concept of aggregate TFP (tfpIC) that measures the associated IC effects on firm´s tfp we are able to make meaningful cross-country firm´s level productivity comparisons avoiding the usual problem of comparing apples with oranges that would otherwise occur if we directly compare countrys TFP measurements.