Estimation of Growth Convergence Using a Stochastic Production Frontier Approach
Resource
Economics Letters, 88(3), 300-305
Journal
Economics Letters
Pages
300-305
Date Issued
2005
Date
2005
Author(s)
Kumbhakar, Subal C.
Abstract
In this paper we estimate stochastic world production frontiers econometrically taking country heterogeneity into account. From the estimated frontier we obtain estimates of technical change, technological catch-up (efficiency improvement/convergence), and scale related components of total factor productivity (TFP) growth. © 2005 Elsevier B.V. All rights reserved.
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Type
journal article
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