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Czasopismo
2009 | 20 | 9 | 23-47
Tytuł artykułu

SINGLE-FACTOR PRODUCTIVITY IN OECD COUNTRIES (Produktywnosc czynników w krajach OECD)

Wybrane pełne teksty z tego czasopisma
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Języki publikacji
PL
Abstrakty
EN
The paper aims to determine the single-factor productivity (SFP) of capital and labor in 20 member countries of the Organization for Economic Cooperation and Development (OECD) in 1970-2000. Calculated with the use of a parametric method based on nested constant-elasticity-of-substitution (CES) production functions, the SFP values are used to deal with three research issues: (1) determine the distribution of SFP among countries; (2) compare SFP between individual OECD countries and the United States in 2000 (such an analysis makes it possible to identify which factors are especially efficiently/inefficiently used in production by which countries); (3) conduct a dynamic analysis to check how the SFP of individual factors evolved in the analyzed countries in 1970-2000. The results obtained show that the key advantage of the United States over other OECD countries analyzed in terms of total factor productivity is based on a different level of endowment with individual production factors, specifically physical and human capital. Second, an increased SFP for skilled labor was the main factor (alongside factor accumulation) behind an increase in productivity in OECD countries in 1970-2000. In most countries, especially Japan, the SFP of capital also increased. The SFP of unskilled labor, on the other hand, decreased considerably, the authors note.
Czasopismo
Rocznik
Tom
20
Numer
9
Strony
23-47
Opis fizyczny
Rodzaj publikacji
ARTICLE
Twórcy
autor
  • Jakub Growiec, Szkola Glówna Handlowa w Warszawie, Instytut Ekonometrii, al. Niepodleglosci 162, 02-554 Warszawa, Poland.
Bibliografia
Typ dokumentu
Bibliografia
Identyfikatory
CEJSH db identifier
09PLAAAA067724
Identyfikator YADDA
bwmeta1.element.08a0fb51-f232-31d8-8590-73dd7fbbc2f9
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