TFP determinants in Polish manufacturing. Dynamic panel analysis
DOI:
https://doi.org/10.12775/AUNC_ECON.2009.031Keywords
dynamic panel data model, total factor productivity (TFP), production function, System GMM estimationAbstract
The main goal of the paper is to determine the factors, that influence total factor productivity in the sectors of manufacturing inPoland. TFP is an unobservable variable, so as a first step its values has been estimated on the ground of the Cobb-Douglas production function. Dynamic panel data model and groupwise heteroscedastic panel data model were the basic tools of the analysis.
References
Acharya R. C., Keller W. (2007), Technology Transfer through Imports, NBERWorking Paper, 13086.
Arellano M., Bond S. (1991), Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations, „Review of Economic Studies”, 58, 277–297.
Ascari G., Di Cosmo V. (2004), Determinants of Total Factor Productivity in the Italian Regions, University of Pavia, Department of Economics, Working Paper, # 170 (12-04), http://129.3.20.41/eps/mac/papers/0511/0511009.pdf(8.03.2009).
Baltagi, B. H. (2008), Econometric Analysis of Panel Data, Wiley&Sons, Chichester
Blundell R., Bond S. (1998), Initial Conditions and Moment Restrictions in Dynamic Panel Data Models, „Journal of Econometrics”, 87(1), 115–143.
Cameron, G. (2006), Openness, R&D, and Growth at the Industry Level, 137–158, [w:] Finley, L. A. (ed) Perspectives on Economic Growth, Nova Publishers: Hauppauge NY.
Coe D., Helpman E. (1995), International R&D Spillovers, „European Economic Review”, 39, 859–887.
Griffith R., Redding S., Van Reen J. (2003), R&D and Absorptive Capacity: Theory and Empirical Evidence, „Scandinavian Journal of Economics”, 105, 99–118.
Hsiao, C. (2003), Analysis of Panel Data, 2nd edn., Cambridge University Press, Cambridge.
Nickell S. (1981), Biases in Dynamic Models with Fixed Effects, „Econometrica”, 49, 1417–1426.
Pindyck R.S., Rubinfeld D.L. (1991), Econometric Models and Economic Forecasts, McGraw-Hills, New York.
Tokarski, T. (2008), Oszacowanie regionalnych funkcji produkcji, „Wiadomości Statystyczne”, 10, 38–53.
Windmeijer, F. (2005), A Finite Sample Correction for the Variance of Linear Efficient Two-Step GMM Estimators, „Journal of Econometrics”, 126(1), 25–51.
Downloads
Published
How to Cite
Issue
Section
License
Autorzy, których teksty zostaną przyjęte do publikacji, po uzyskaniu pozytywnych recenzji wydawniczych oraz zaakceptowaniu do publikacji przez Komitet Redakcyjny, podpisują umowę licencyjną.
Stats
Number of views and downloads: 793
Number of citations: 0