Project

Measuring total factor productivity and understanding its determinants

Duration
01 October 2015 → 30 September 2019
Funding
Research Foundation - Flanders (FWO)
Research disciplines
  • Social sciences
    • Applied economics
    • Economic history
    • Macroeconomics and monetary economics
    • Microeconomics
    • Tourism
Keywords
R&D total factor productivity ageing Gibbs Sampling State Space Models
 
Project description

Our objective is to measure and explain the country-specific evolution in total factor productivity. A key novelty is that we model worldwide technology to be freely available but allow countries to differ in their absorptive capacity. We will further assess the impact of country-specific R&D efforts and demographic trends (ageing) on the level and evolution of their absorptive capacity.