Logo do repositório
 
Publicação

Public and private inputs in aggregate production and growth: a cross-country efficiency approach

2013Artigo científico Acesso aberto
Ver registo simples
dc.contributor.authorAfonso, António
dc.contributor.authorSt. Aubyn, Miguel
dc.date.accessioned2022-09-26T13:14:56Z
dc.date.available2022-09-26T13:14:56Z
dc.date.issued2013
dc.description.abstractIn a cross section of OECD countries, we replace the macroeconomic production function by a production possibility frontier, total factor productivity being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods 1970, 1980, 1990 and 2000 one output – GDP per worker – and three inputs – human capital, public physical capital per worker and private physical capital per worker. We use a semi-parametric analysis, computing Malmquist productivity indexes, and we also resort to stochastic frontier analysis. Results show that private capital is important for growth, although public and human capital also contribute positively. A governance indicator, a nondiscretionary input, explains inefficiency. Better governance helps countries to achieve a better performance. Nonparametric and parametric results coincide rather closely on the movements of the countries vis-à-vis the possibility frontier and on their relative distances to the frontier.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAfonso, António and Miguel St. Aubyn. (2013)."Public and private inputs in aggregate production and growth: a cross-country efficiency approach" . Applied Economics, Vol. 45, No. 32: pp. 4487-4502.pt_PT
dc.identifier.doi10.1080/00036846.2013.791018pt_PT
dc.identifier.issn1466-4283 (Online)
dc.identifier.urihttp://hdl.handle.net/10400.5/25597
dc.language.isoengpt_PT
dc.publisherTaylor & Francis Grouppt_PT
dc.subjectEconomic Growthpt_PT
dc.subjectPublic Spendingpt_PT
dc.subjectEfficiencypt_PT
dc.subjectData Envelopment Analysispt_PT
dc.subjectMalmquist Indexpt_PT
dc.titlePublic and private inputs in aggregate production and growth: a cross-country efficiency approachpt_PT
dc.typejournal article
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

Ficheiros

Principais
A mostrar 1 - 1 de 1
Miniatura
Nome:
Public and private inputs in aggregate production and growth a cross country efficiency approach, 2013.AAFONSO,MAUBYN.pdf
Tamanho:
451.79 KB
Formato:
Adobe Portable Document Format
Ver/Abrir
Licença
A mostrar 1 - 1 de 1
Miniatura indisponível
Nome:
license.txt
Tamanho:
1.71 KB
Formato:
Item-specific license agreed upon to submission
Descrição:
Ver/Abrir

Coleções

DE - Artigos em Revistas Internacionais / Articles in International Journals
UECE - Artigos em Revistas Internacionais / Articles in International Journals