An Analysis on the Determinants of Total Factor Productivity: The Case of Selected OECD Countries
Küçük Resim Yok
Tarih
2017
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Eskisehir Osmangazi Univ, Fac Education
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
In recent years, it can be argued that a significant part of the cross-country differences in income and economic growth mostly arise from the differences in productivity levels. Thus, the examination of the sources of productivity is an important issue in the context of growth-oriented policies. This study aims to investigate potential determinants of total factor productivity. In this respect, the effects of human capital, R&D, trade openness and high technology product imports on total factor productivity are analyzed across the selected 12 OECD countries for the 1993-2014 period. The findings of the analysis show that R&D, trade openness and high-technology imports are important determinants of productivity growth. Also, the results indicate no significant evidence for human capital.
Açıklama
Anahtar Kelimeler
Total Factor Productivity, R&D, Trade Openness, High-Tech Imports, Human Capital, Panel Cointegration
Kaynak
Eskisehir Osmangazi Universitesi Iibf Dergisi-Eskisehir Osmangazi University Journal Of Economics And Administrative Sciences
WoS Q Değeri
Scopus Q Değeri
Cilt
12
Sayı
2
