Total factor productivity is a key element of economic growth and an important performance metric for policy makers. This note describes the methodology for measuring firm-level total factor productivity using the World Bank's Enterprise Surveys cross-country data. It also presents some estimates recovered from the production function. Two versions of the production function are estimated: one Cobb-Douglas, the other a more flexible translog specification...
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INFORMACIÓN
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2020/12/08
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS9491
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1
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1
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2020/12/08
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Disclosed
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Measuring Total Factor Productivity Using the Enterprise Surveys : A Methodological Note
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production function