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Measuring total factor productivity and understanding its determinants (3F008415)

Our objective is to measure and explain the country-specific evolution in total factor productivity. A key novelty is that we model worldwide technology to be freely available but allow countries to differ in their absorptive capacity. We will further assess the impact of country-specific R&D efforts and demographic trends (ageing) on the level and evolution of their absorptive capacity.

Date:1 Oct 2015  →  30 Sep 2019
Keywords:R&D, total factor productivity, ageing, Gibbs Sampling, State Space Models
Disciplines:Macroeconomics and monetary economics, Applied economics, Tourism, Microeconomics, Economic history