Total factor productivity and structural reforms: Evidence from advanced economies sector‐level data
Total factor productivity and structural reforms: Evidence from advanced economies sector‐level data
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Manchester: Blackwell Publishing Ltd
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English
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Manchester: Blackwell Publishing Ltd
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This paper computes a new measure of capacity utilization‐adjusted Total Factor Productivity (TFP) using sector‐level data from a sample of 18 Advanced Economies and 24 industries between 1970 and 2014. We then empirically examine the impact of structural reforms (labor and product market) on TFP by means of the local projection method. Structural...
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Total factor productivity and structural reforms: Evidence from advanced economies sector‐level data
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TN_cdi_proquest_journals_2921277953
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2921277953
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ISSN
1463-6786
E-ISSN
1467-9957
DOI
10.1111/manc.12463