TY  - JOUR
AU  - Good,David H.
AU  - Nadiri,M. Ishaq
AU  - Sickles,Robin C.
TI  - Index Number and Factor Demand Approaches to the Estimation of Productivity
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5790
PY  - 1996
Y2  - October 1996
UR  - http://www.nber.org/papers/w5790
L1  - http://www.nber.org/papers/w5790.pdf
N1  - Author contact info:
David H. Good

M. Ishaq Nadiri
Department of Economics
New York University
19 W. 4th Street, 6th Floor
New York, NY  10012
Tel: 212/998-8968
Fax: 212/995-4013
E-Mail: min1@nyu.edu

Robin C. Sickles
AB  - In this paper we review a number of analytical methods and issues related to identifying and estimating the source of productivity growth.  The two major methods used in measuring productivity growth -- index number and econometric estimation approach -- are briefly discussed.  Substantive issues such as the contribution of R&D capital and R&D spillovers, infrastructure capital, allocative distortions, nature of the market structure and technological advancement on productivity growth at various levels of aggregation are examined.  The attributes of the static and  dynamic factor demand models used to estimate the contribution of different inputs to productivity growth are described and the evaluation of the production process changes in response to exogenous factors and their impact on productivity growth are discussed.  Econometric issues and data considerations for proper estimation of the underlying structural models are noted briefly as well.
ER  -