Total Factor Productivity Growth in Manufacturing Further Evidence From the States*

Moomaw, Ronald L.; Williams, Martin M.

doi:10.1111/j.1467-9787.1991.tb00128.x

Cited by 79 publications

(55 citation statements)

References 16 publications

(15 reference statements)

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“…8 Compare for example Carlino and Voith (1992) and Beeson and Husted (1989) for the USA and Schalk, Untiedt and Lu Èschow (1995) for West Germany and the literature cited there. 9 Similar enumerations can be found in Carlino and Voith (1992), Moomaw and Williams (1991) and Beeson and Husted (1989). 10 See for the derivation of this formula and for more details regarding the policy instruments.…”

Section: Measuring the User Cost Of Capitalsupporting

confidence: 54%

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Regional investment incentives in Germany: Impacts on factor demand and growth

Schalk¹,

Untiedt²

2000

The Annals of Regional Science

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The aim of this paper is to analyse the e¨ects of regional investment incentives ± a main component of regional policy in West Germany ± on regional factor demand (investment and labor), growth and convergence of per capita income for the period 1978 to 1989. Demand for investment and labor arise from a model of cost minimization at given output with a putty-clay production function. The production function allows for regional technical e½ciency. To model the output e¨ect on factor demand an auxiliary output function is speci®ed. In estimating the functions attention is given to the short-run dynamics and the long-run behaviour of factor demand by error-correction models. The empirical long-run relationships are then used to simulate the e¨ects of regional investment incentives. In contrast to most studies for other countries the empirical results provide evidence that regional policy in Germany induces not only additional investment but also creates positive employment e¨ects. However, the e¨ects of regional investment incentives on growth and convergence of labor productivity are negligible.

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Section: Measuring the User Cost Of Capitalsupporting

confidence: 54%

“…But this is true only if production remains constant. Higher e½ciency also lowers factor costs which leads to higher output growth and this, in turn, increases factor demands (Moomaw and Williams 1991). To capture this latter e¨ect an additional equation is needed which links technical e½ciency to regional growth.…”

Section: Factor Demandmentioning

confidence: 99%

Regional investment incentives in Germany: Impacts on factor demand and growth

Schalk¹,

Untiedt²

2000

The Annals of Regional Science

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“…Such methodology has been renowned as the most modern and accurate tool and has been carried out around the world rather extensively during the last few years (Coelli, 1996;Moomaw & Williams, 1991;Smyth, 1995) on regional, sectoral and macro-economic levels. The TFP methodology gives the opportunity to include in the measurements, simultaneously all the factors that affect the firms' efficiency, such as the labour and capital productivity and also the external economies and the economies due to technological advantage.…”

Section: Methodsmentioning

confidence: 99%

Viability and employment estimations based on sectoral, regional and size analysis of total factor productivity: The case of Greek manufacturing enterprises

Vagionis

Sfakianakis

1997

European Planning Studies

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To cite this article: Nicholas Vagionis & Michael Sfakianakis (1997) Viability and employment estimations based on sectoral, regional and size analysis of total factor productivity: The case of Greek manufacturing enterprises, European Planning Studies, 5:4, 495-514, ABSTRACT The question of viability of manufacturing enterprises is related to the productivity of a multiplicity of factors, such as labour, investment, but also specialization, regional conditions, firm size and technological status. These factors are examined in this article with three Total Factor Productivity models that examine the Greek manufacturing by specialization, by region and by firm size. The results give original information on the subject and provide the opportunity for forecast models. The forecast carried out is useful for possible policy making in the areas of both employment and regional policy.

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“…Other examples include Moomaw and Williams (1991), who calculated total factor productivity for the 48 US states for 1954-1976. Harris and Trainor (1991 estimated total factor productivity for regional manufacturing for the UK regions over the period 1968-91.…”

Section: The Regional Growth Accounting Approachmentioning

confidence: 99%

Problems with Regional Production Functions and Estimates of Agglomeration Economies: A Caveat Emptor for Regional Scientists

Felipe

McCombie

2012

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in ABSTRACTOver the last 20 years or so, mainstream economists have become more interested in spatial economics and have introduced largely neoclassical economic concepts and tools to explain phenomena that were previously the preserve of economic geographers. One of these concepts is the aggregate production function, which is also central to much of regional growth theory. However, as Franklin Fisher, inter alios, has shown, the conditions necessary to aggregate microproduction functions into an aggregate production function are so stringent that in all probability the aggregate production function does not exist. This paper shows that the good statistical fits commonly found empirically are solely due to the use of value data and an underlying accounting identity. The result is that the estimates obtained cannot be regarded as providing evidence of the underlying technological structure of the spatial economy, including the aggregate elasticity of substitution, the degree of returns to scale, and the rate of technical progress.

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Total Factor Productivity Growth in Manufacturing Further Evidence From the States*

Cited by 79 publications

References 16 publications

Regional investment incentives in Germany: Impacts on factor demand and growth

Regional investment incentives in Germany: Impacts on factor demand and growth

Viability and employment estimations based on sectoral, regional and size analysis of total factor productivity: The case of Greek manufacturing enterprises

Problems with Regional Production Functions and Estimates of Agglomeration Economies: A Caveat Emptor for Regional Scientists

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