1973年以来英国制造业企业经济增长的核算

Accounting for the economic growth of firms in UK manufacturing since 1973

Cambridge Journal of Economics · 1996
被引 10
人大 A-ABS 3

中文导读

利用全要素生产率增长与投入产出价格差异增长的对偶关系,分解1973年以来英国制造业的生产率变化,发现1973-79年生产率下降源于利润挤压导致的价格差异扩大,而1979-86年生产率增长不显著,不存在撒切尔生产率奇迹。

Abstract

The dual relationship between the growth of total factor productivity and the growth of the price differential between inputs and outputs is used to decompose productivity changes since 1973. The decline in total factor productivity, 1973-79, is best explained by the dual increase in the average output-price/input-price differential resulting from the squeeze in profit rates. In 1979-86, the average increase in total factor productivity was not significantly different from zero: there was no Thatcher productivity miracle. Growth of output is determined primarily by growth of inputs and not by general increases in efficiency. (c) 1996 Academic Press Limited Copyright 1996 by Oxford University Press.

全要素生产率价格剪刀差英国制造业经济增长分解