WP Productivity

Objectives:

This module presents the measurement methodology and productivity series for the ARKLEMS database:

Total Factor Productivity, Labor Productivity and other partial measures of productivity (such as capital productivity, agricultural productivity, etc.) at macro and industry level

Description:

Taking into account the KLEMS methodology, productivity is obtained as the result of the comparison between the changes in output and the contribution of primary inputs (described in the modules of Capital, Natural resources and Labor and Human Capital) and intermediate inputs.

Research includes some measurement topics like the effects of technological progress on economic growth, scale economies, externalities and other topics.

According to Argentina historical unstable economic behavior, ARKLEMS research takes special care of the effects of the economic cycle on productivity and source of growth measurement.

The research develops methodology to split short run behavior from sustainable Productivity gains in the long run by the measurement and analyses of changes in labor intensity, labor hoarding, changes in capacity utilization, relative price changes, reallocation and catching up effects, besides embodied and non embodied technological change.

References:

Argentine Case:

International Experience:

  • Ball, V.E.; Bureau, J.C.; Butault, J.P.; Nehring, R. (2001): “Levels of farm sector productivity: An international comparison.” J. Product. Analysis 15, 5–29.
  • Ball, V. E.; Butault, J.P.; San Juan, C. ; and R. Mora (2010) “Productivity and international competitiveness of agriculture in the European Union and the United States.” Agricultural Economics, 41 (6), pp. 611-627.
  • Ball, V. E; Coremberg, A.; Costa R. (2012): “Proyecto AGRIKLEMS, Comparabilidad Multilateral dela Productividad Agropecuaria,” paper in progress
  • Coremberg, Ariel and Fransisco Perez (2010): “Fuentes del Crecimiento y Productividad en Europa y América Latina” Ariel Coremberg (UBA) and Fransisco Pérez. García Editors, FBBVA. Authors: Dale Jorgenson, Matilde Mas, Daniel. Heymann, Sebastián Katz, among others. 2010.
  • Elías, Victor (1992): “Sources of Growth. A Study of Seven Latin American Economies”, International Center For Economic Growth, ICS Press
  • Jorgenson, D, Ho, M. and Stiroh, K. (2005a): “Growth of US Industries and Investments in Information Technology and Higher Education”, forthcoming in Corrado, C., Haltiwanger, J. and Sichel, D. (eds) Measuring Capital in the New Economy, University of Chicago Press, Chicago.
  • Jorgenson, Dale, Mun S. Ho and Kevin J. Stiroh (2005b): “Information Technology and the American Growth Resurgence”, Cambridge, MIT Press, 2005 (Productivity, Vol. 3).
  • Jorgenson, Dale, Mun S. Ho, Jon D. Samuels, and Kevin J. Stiroh (2007): “ Industry Origins of the American Productivity Resurgence”, Economic Systems Research, Vol. 19, No. 3, September 2007, pp. 229-252
  • Jorgenson, Dale W., F.M.Gollop and B.M.Fraumeni (1987): “Productivity and US Economic Growth, Cambridge MA: Harvard University Press
  • Jorgenson, D and Stiroh, K. (2000): “Raising the Speed Limit: U.S. Economic Growth in the Information Age.  Brookings Papers on Economic Activity 1: 125-211.

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