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- W3124479969 abstract "Using the World Input–Output Database, this paper calculates total factor productivity (TFP) growth for a sample of 40 economies during the period 1995–2009 to show that TFP growth in Asian economies has been relatively strong. In a number of Asian economies, TFP growth in services has outpaced that in manufacturing. This paper presents a novel structural decomposition of TFP growth and shows that the main drivers of aggregate productivity growth, as well as differences in productivity growth between services and manufacturing, have been changing factor requirements. These effects tend to offset the negative productivity effect of a declining ratio of value added to gross output." @default.
- W3124479969 created "2021-02-01" @default.
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- W3124479969 date "2017-03-07" @default.
- W3124479969 modified "2023-09-23" @default.
- W3124479969 title "Decomposing Total Factor Productivity Growth in Manufacturing and Services" @default.
- W3124479969 hasPublicationYear "2017" @default.
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