Productivity and Technical Change in a Public Service Enterprise
Advances in the econometric measurement of productivity and technical change have taken place in recent years. These advances include use of generalized functional forms, quadratic time trends, interactive time trends, and the application of such techniques to panel data. These methods allow not only econometric estimation of productivity change, but also its decomposition into scale effects and neutral and non-neutral technological change.
KeywordsProductivity Growth Serial Correlation Technical Change Accounting Period Single Input Multiple Output
Unable to display preview. Download preview PDF.
- Bhargava, A., L. Franzini, and W. Narendranathan. 1982. “Serial Correlation and the Fixed Effects Model.” Review of Economic Studies XLIX: 533–549.Google Scholar