Estimation of cross-country differences in industry production functions

成果类型:
Article
署名作者:
Harrigan, J
署名单位:
Federal Reserve System - USA; Federal Reserve Bank - New York
刊物名称:
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN:
0022-1996
DOI:
10.1016/S0022-1996(98)00011-7
发表日期:
1999
页码:
267-293
关键词:
total factor productivity Scale economies
摘要:
International trade economists typically assume that there are no cross-country differences in industry total factor productivity (TFP). In contrast, this paper finds large and persistent TFP differences across a group of industrialized countries in the 1980s. The paper calculates TFP indices, and statistically examines the sources of the observed large TFP differences across countries. Two hypotheses are examined to account for TFP differences: constant returns to scale production with country-specific technological differences, and industry-level scale economies with identical technology in each country. The data support the constant returns/different technology hypothesis over the increasing returns/same technology hypothesis. (C) 1999 Elsevier Science B.V. All rights reserved.