Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:abbreviation |
gptkb:TFP
|
| gptkbp:affects |
gptkb:infrastructure
gptkb:legislation education innovation institutions management practices |
| gptkbp:calculationMethod |
output divided by weighted average of inputs
|
| gptkbp:canBe |
yes
|
| gptkbp:canBeNegative |
yes
|
| gptkbp:component |
economic growth
|
| gptkbp:contrastsWith |
labor productivity
capital productivity |
| gptkbp:estimatedCost |
econometric models
|
| gptkbp:explains |
output growth not explained by input growth
|
| https://www.w3.org/2000/01/rdf-schema#label |
Total Factor Productivity
|
| gptkbp:importantFor |
long-term economic growth
|
| gptkbp:introduced |
gptkb:Robert_Solow
|
| gptkbp:measures |
efficiency of all inputs in production
|
| gptkbp:relatedTo |
gptkb:Solow_residual
gptkb:Cobb-Douglas_production_function endogenous growth theory innovation policy technological progress human capital input-output analysis returns to scale exogenous growth theory technological change productivity growth economic efficiency factor inputs capital deepening growth decomposition labor quality multi-factor productivity productivity paradox productivity slowdown total output |
| gptkbp:studiedIn |
development economics
macroeconomics productivity analysis |
| gptkbp:usedBy |
gptkb:IMF
gptkb:OECD gptkb:World_Bank national statistical agencies |
| gptkbp:usedIn |
growth accounting
|
| gptkbp:bfsParent |
gptkb:TFP
|
| gptkbp:bfsLayer |
8
|