Decomposing productivity growth allowing efficiency gains and price-induced technical progress
在价格诱导技术变化框架下,生成时间和企业特定的产出技术效率,将全要素生产率分解为规模效应、效率变化效应和技术变化效应,并研究投入偏差。
Time- and firm-specific output technical efficiency measures are generated within a price-induced technological change framework. The firm-specific production frontier incorporates past prices as an argument encouraging innovation and a time trend to account for exogenous technical change. The theoretical model is used to decompose total factor productivity into a scale effect, an efficiency change effect and a technological change effect. Input bias arising from exogenous technical change and price-induced innovation is investigated using a multiple-input measure of biased technical change. The empirical focus is on Dutch pot-plant firms during the period 1979-1995 using the maximum entropy estimation method. Copyright 2000, Oxford University Press.