Estimation of cross-country differences in industry production functions
By: James Harrigan.
Contributors: Federal Reserve Bank of New York.
Series: Staff reports ;; no. 36; Staff reports (Federal Reserve Bank of New York : Online) ;; no. 36.
Publisher: Federal Reserve Bank of New York
Published: 1998
Place of publication: [New York, N.Y.]
Language: eng
Format: Electronic resource
Subjects: Industrial productivity.
Description: "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"--Federal Reserve Bank of New York web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 2/1/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.