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The Solow residual, Domar aggregation, and inefficiency: A synthesis of TFP measures

Ten Raa,T.
; 
Shestalova,V.
Abstract
We consolidate and interrelate the four main approaches to the measurement and decomposition of total factor productivity growth, namely Solow’s residual analysis, the index number approach, Data Envelopment Analysis, and Domar aggregation. Two new results link the general technology TFP growth measure to the industry Solow residuals and inefficiency.
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Appeared earlier as CentER Discussion Paper 2006-054 (rt)
Date
2011
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Tilburg University Research Output Collection
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Keywords
SDG 8 - Decent Work and Economic Growth
Citation
Ten Raa, T & Shestalova, V 2011, 'The Solow residual, Domar aggregation, and inefficiency : A synthesis of TFP measures', Journal of Productivity Analysis, vol. 36, no. 1, pp. 71-77. https://doi.org/10.1007/s11123-010-0205-z
URI
https://hdl.handle.net/20.500.14602/55895
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