English, Article, Journal or magazine article edition: TECHNOLOGICAL CHANGE, EFFICIENCY GAINS AND CAPITAL ACCUMULATION IN LABOUR PRODUCTIVITY GROWTH AND CONVERGENCE: AN APPLICATION TO THE SPANISH REGIONS M.ª del Mar Salinas Jiménez

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Bookmark: http://trove.nla.gov.au/version/195055
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • TECHNOLOGICAL CHANGE, EFFICIENCY GAINS AND CAPITAL ACCUMULATION IN LABOUR PRODUCTIVITY GROWTH AND CONVERGENCE: AN APPLICATION TO THE SPANISH REGIONS
Author
  • M.ª del Mar Salinas Jiménez
Physical Description
  • preprint
Notes
  • . The main objective of this paper is to analyse labour productivity growth and convergence in the Spanish regions between 1965 and 1995, decomposing total factor productivity (TFP) gains into technological progress and efficiency change by means of Malmquist productivity indices. On the basis of this decomposition, labour productivity growth is broken down into components attributable to technological change (shifts in the frontier), efficiency gains (movements toward the frontier) and capital accumulation (movements along the frontier). The approach followed in this study is based on work initiated by Färe et al. (1994), where a link between the economic growth and convergence literature and the production frontier approach was established. Furthermore, in the spirit of Quah’s approach, the evolution of the whole distribution is considered. Thus, the analysis of the dynamics of the entire distribution of labour productivity and the factors behind it -technological progress, efficiency gains and capital accumulation- combine both approaches, yielding new insights into the process of productivity growth and convergence experienced by the Spanish regions over the last thirty years.
  • Total Factor Productivity, labour productivity growth and convergence.
  • RePEc:hpe:wpaper:y:2002:i:16
Language
  • English
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