World productivity growth: a model averaging approach

Policy makers and the economic researchers who provide them estimates of economic activity need to have an informative and scientifically-based method to develop a consensus estimate for the most basic of the productivity measures, total factor productivity (TFP) growth. We discuss methods to combin...

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Main Authors: Duygun, Meryem, Hao, Jiaqi, Isaksson, Anders, Sickles, Robin C.
Format: Article
Language:English
Published: Wiley 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/45059/
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author Duygun, Meryem
Hao, Jiaqi
Isaksson, Anders
Sickles, Robin C.
author_facet Duygun, Meryem
Hao, Jiaqi
Isaksson, Anders
Sickles, Robin C.
author_sort Duygun, Meryem
building Nottingham Research Data Repository
collection Online Access
description Policy makers and the economic researchers who provide them estimates of economic activity need to have an informative and scientifically-based method to develop a consensus estimate for the most basic of the productivity measures, total factor productivity (TFP) growth. We discuss methods to combine the various estimates based on different empirical specifications that model and estimate productivity growth. We also discuss the various econometric approaches used in the profession to estimate productivity growth. Our focus is on world TFP growth.
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spelling nottingham-450592019-10-26T04:30:11Z https://eprints.nottingham.ac.uk/45059/ World productivity growth: a model averaging approach Duygun, Meryem Hao, Jiaqi Isaksson, Anders Sickles, Robin C. Policy makers and the economic researchers who provide them estimates of economic activity need to have an informative and scientifically-based method to develop a consensus estimate for the most basic of the productivity measures, total factor productivity (TFP) growth. We discuss methods to combine the various estimates based on different empirical specifications that model and estimate productivity growth. We also discuss the various econometric approaches used in the profession to estimate productivity growth. Our focus is on world TFP growth. Wiley 2017-10-26 Article PeerReviewed application/pdf en https://eprints.nottingham.ac.uk/45059/1/DHIS%20June%208%202017_table1%20Duygun.pdf Duygun, Meryem, Hao, Jiaqi, Isaksson, Anders and Sickles, Robin C. (2017) World productivity growth: a model averaging approach. Pacific Economic Review, 22 (4). pp. 587-619. ISSN 1468-0106 Productivity; Panel Data; Economic Growth; Time Varying Unobservable Effects http://onlinelibrary.wiley.com/doi/10.1111/1468-0106.12238/full doi:10.1111/1468-0106.12238 doi:10.1111/1468-0106.12238
spellingShingle Productivity; Panel Data; Economic Growth; Time Varying Unobservable Effects
Duygun, Meryem
Hao, Jiaqi
Isaksson, Anders
Sickles, Robin C.
World productivity growth: a model averaging approach
title World productivity growth: a model averaging approach
title_full World productivity growth: a model averaging approach
title_fullStr World productivity growth: a model averaging approach
title_full_unstemmed World productivity growth: a model averaging approach
title_short World productivity growth: a model averaging approach
title_sort world productivity growth: a model averaging approach
topic Productivity; Panel Data; Economic Growth; Time Varying Unobservable Effects
url https://eprints.nottingham.ac.uk/45059/
https://eprints.nottingham.ac.uk/45059/
https://eprints.nottingham.ac.uk/45059/