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

T. Ten Raa, V. Shestalova

Research output: Contribution to journalArticleScientificpeer-review

14 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)71-77
JournalJournal of Productivity Analysis
Volume36
Issue number1
DOIs
Publication statusPublished - 2011

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