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- W2142749451 abstract "This paper adopts the metafrontier framework using the Malmquist Productivity Index (MPI) to measure and compare the productivity growth performance of countries in Organisation for Economic Cooperation and Development (OECD) under different technologies. This paper presents a number of useful decompositions of the metafrontier-MPI (MMPI) which can provide useful insights into the level of catch-up achieved by different groups of countries relative to the OECD frontier as a whole. This study uses a cross-country data set covering 26 countries in OECD for the period 1980-2008. These countries are grouped into three regions, namely, the Americas, Asia-Pacific, and Europe, in order to analyze the technological gap and catch-up of each of these regions with respect to the OECD technology. Using the DEAP software, we find that, the gap between the Asian-Pacific group frontier and the OECD metafrontier is decreasing, which posits that the Asian group is experiencing technological progress at a faster rate than the metafrontier which represents the OECD technology. On the other hand, the European technology has already achieved a certain level of progress in technology which is why the rate of growth is slower compared to the metafrontier. Meanwhile, the mean efficiency score for the Americas region is particularly low in 1985-1988 period, suggesting technology and knowledge diffusion within region might help to improve efficiency levels." @default.
- W2142749451 created "2016-06-24" @default.
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- W2142749451 date "2009-01-01" @default.
- W2142749451 modified "2023-09-23" @default.
- W2142749451 title "Productivity Growth Analysis in OECD Countries: Application of Metafrontier Functions *" @default.
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