2015 Fiscal Year Final Research Report
Robustness of TFP in Developing Countries
| Project/Area Number |
25380247
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Kobe University (2014-2015)
Institute of Developing Economies, Japan External Trade Organization (2013) |
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Principal Investigator |
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Keywords | 全要素生産性 / モンテカルロ実験 / 開発途上国 |
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| Outline of Final Research Achievements |
Economic growth can be decomposed into three main factors: 1) labor, 2) capital, and 3) total factor productivity (TFP). In particular, TFP is considered to be the engine of long-run economic growth. Several methods have been proposed for estimation of TFP. Then, which method can estimate true TFP more accurately? In this research, we shed light on this research question. Through Monte-Carlo experiment, we have attempted to address the question.
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| Free Research Field |
開発経済学
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