In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP)...

measure of productivity. Productivity is a crucial factor in the production performance of firms and nations. Increasing national productivity can raise...

called partial measures of productivity. Agricultural productivity may also be measured by what is termed total factor productivity (TFP). This method of calculating...

economic growth. Basically, it asserts that outcomes on the "total factor productivity (TFP) can lead to limitless increases in the standard of living...

was fundamentally unproductive weakened in the early 1990s, as total factor productivity growth in the United States accelerated. From 2000 through the...

of Productivity Growth". Measurement and Interpretation of Productivity. National Academy of Sciences. Hulten, C. R. (January 2000). "Total Factor Productivity:...

and labour service as production factors in line with capital and labour. This is reflected in total factor productivity and the Solow residual used in...

of it are now called the rate of growth of multifactor productivity or total factor productivity, though Solow (1957) did not use these terms. In the 1950s...

input divided by the price of capital)[clarification needed] A = total factor productivity 0 < α < 1 {\displaystyle 0<\alpha <1} and 0 < β < 1 {\displaystyle...

of Productivity Growth". Measurement and Interpretation of Productivity. National Academy of Sciences. Hulten, C. R. (January 2000). "Total Factor Productivity:...

Pennsylvania. Genesca, G.E.; Grifell, T. E. (1992). "Profits and Total Factor Productivity: A Comparative Analysis". Omega. The International Journal of...

quality, capital services, labor productivity, and Total Factor Productivity for 123 countries in the world". The Total Economy Database was developed at...

"efficiency" and "productivity" are often used interchangeably. An explanation of the difference between efficiency and (total factor) productivity is found in...

Democratic edge stems mainly from more benign oil shocks, superior total factor productivity (TFP) performance, a more favorable international environment...

The productivity-improving technologies are the technological innovations that have historically increased productivity. Productivity is often measured...

Total Factor Productivity a {\displaystyle a} = Share parameter K {\displaystyle K} , L {\displaystyle L} = Quantities of primary production factors (Capital...

country, and with a new accumulation of capital and an increase of total factor productivity, the nation's industry would in principle be capable of trading...

X_{n}^{a_{n}}} where a 0 {\displaystyle a_{0}} is the so-called total factor productivity. The Leontief production function applies to situations in which...

factor productivity. Another productivity measure, used by OECD, is the long-term trend in multifactor productivity (MFP) also known as total factor productivity...

equipment. The reported productivity gains of the service industry in the late 1990s are largely attributable to total factor productivity. Providers decreased...

Rice productivity in India was less than half that of China. Other staples productivity in India is similarly low. Indian total factor productivity growth...

2020. Higher wages Advanced economies have higher wages because total factor productivity is higher. These higher wages induce firms in advanced economies...

productive plants to grow reduces total factor productivity by as much as 25 percent. In Mexico, moving production factors to the most-productive plants would...

analyzing comparative use-efficiency, the economic concept of total factor productivity (TFP) is applied to quantify differences between countries. TFP...

Taiwanese-American development economist. He researches factors that constrain economic productivity and the causes of economic growth in East Asia. Hsieh's...

Alejandro (2003-11-01). "Bridging the Gap between Partial and Total Factor Productivity Measures Using Directional Distance Functions". American Journal...

pollution as a substantial threat to the improvement of agricultural total factor productivity: Global evidence". Environment International. 173. Bibcode:2023EnInt...

French, Mark W. (2001). "Estimating Changes in Trend Growth of Total Factor Productivity: Kalman and H-P Filters versus a Markov-Switching Framework"....

exception does reduce job flows, and seems to cause labor productivity to rise but total factor productivity to drop. In other words, employers forced to find...

late 1930s. The depression years were the period of the highest total factor productivity growth in the United States, primarily to the building of roads...