Productivity growth in OECD countries: A comparison with Malmquist indices

We utilize two alternative indices to measure productivity growth for all but two OECD countries. First, we employ a Malmquist productivity index without considering the existence of hazardous by-products of production processes. To address the shortfalls of this index, we construct an alternative M...

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Bibliographic Details
Published inJournal of Comparative Economics Vol. 33; no. 2; pp. 401 - 420
Main Authors Yörük, Barış K., Zaim, Osman
Format Journal Article
LanguageEnglish
Published San Diego Elsevier Inc 01.06.2005
Elsevier
Elsevier BV
SeriesJournal of Comparative Economics
Subjects
Data analysis
Economic analysis
Empirical research
Indicators
Malmquist productivity index
Malmquist–Luenberger productivity index
OECD
OECD countries
Productivity
Productivity growth
Malmquist–Luenberger productivity index
O40
Malmquist productivity index
P52
Q51
OECD countries
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Summary:We utilize two alternative indices to measure productivity growth for all but two OECD countries. First, we employ a Malmquist productivity index without considering the existence of hazardous by-products of production processes. To address the shortfalls of this index, we construct an alternative Malmquist–Luenberger productivity index and find that the Malmquist index underestimates the productivity growth. Finally, we investigate the effects of an international protocol on reducing global emissions and country-specific effects on Malmquist–Luenberger productivity measures. Journal of Comparative Economics 33 (2) (2005) 401–420.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0147-5967
1095-7227
DOI:10.1016/j.jce.2005.03.011