Total factor productivity and macroeconomic instability

被引：10

作者：

Berument, Hakan ^{[1
]}

Dincer, N. Nergiz ^{[2
]}

Mustafaoglu, Zafer ^{[3
]}

机构：

[1] Bilkent Univ, Dept Econ, Ankara, Turkey

[2] State Planning Org, Econ Modeling Dept, Ankara, Turkey

[3] World Bank, Washington, DC 20433 USA

来源：

JOURNAL OF INTERNATIONAL TRADE & ECONOMIC DEVELOPMENT | 2011年 / 20卷 / 05期

关键词：

macroeconomic instability; TFP growth; VAR-GARCH models; INFLATION UNCERTAINTY; TIME-SERIES; GROWTH; INVESTMENT; EVOLUTION; OPENNESS; ECONOMY; TRADE;

D O I：

10.1080/09638190903365930

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Total factor productivity (TFP) is an important component of growth for most countries. This article assesses the role of macroeconomic instability on TFP growth. We consider volatility in inflation, openness of an economy and financial market deepness as measures of macroeconomic instability. Empirical evidence provided from Turkey suggests that volatility of openness and financial market deepness reduce TFP growth, whereas volatility of inflation increases TFP growth.

引用

页码：605 / 629

页数：25

共 50 条

[1] Macroeconomic Dynamics of the Total Factor Productivity of the Russian Economy
Mitsek, Sergey A.
[J]. ECONOMY OF REGION, 2021, 17 (03) : 799 - 813
[2] Macroeconomic Determinants of Total Factor Productivity: An Analysis on the Example of OECD Countries
Yigiteli, Nadide
Ozturk, Fahriye
[J]. ISTANBUL IKTISAT DERGISI-ISTANBUL JOURNAL OF ECONOMICS, 2022, 72 (01): : 293 - 328
[3] Which productivity can promote clean energy transition -total factor productivity or green total factor productivity?
Zhang, Caiyun
Zhu, Huan
Li, Xinze
[J]. JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2024, 366
[4] DETERMINANTS OF TOTAL FACTOR PRODUCTIVITY
FABRYCY, MZ
[J]. WESTERN ECONOMIC JOURNAL, 1971, 9 (04): : 408 - 418
[5] Tales of total factor productivity
不详
[J]. MONTHLY LABOR REVIEW, 2000, 123 (05) : 48 - 48
[6] Bubbles and Total Factor Productivity
Miao, Jianjun
Wang, Pengfei
[J]. AMERICAN ECONOMIC REVIEW, 2012, 102 (03): : 82 - 87
[7] Comparison of Total Factor Productivity and Total Productivity for Their Relationship Attributes with Profit
Tiruvengadam, Naveen
Beruvides, Mario G.
Elizondo-Noriega, Armando
[J]. ENGINEERING MANAGEMENT JOURNAL, 2021, 33 (01) : 57 - 74
[8] Long-run macroeconomic impact of climate change on total factor productivity - Evidence from emerging economies
Kumar, Naveen
Maiti, Dibyendu
[J]. STRUCTURAL CHANGE AND ECONOMIC DYNAMICS, 2024, 68 : 204 - 223
[9] LABOUR PRODUCTIVITY AND TOTAL FACTOR PRODUCTIVITY IN THE CZECH ICT
Vltavska, Kristyna
Fischer, Jakub
[J]. IDIMT-2010: INFORMATION TECHNOLOGY - HUMAN VALUES, INNOVATION AND ECONOMY, 2010, 32 : 251 - 257
[10] National labor markets, international factor mobility and macroeconomic instability
Aloi, Marta
Lloyd-Braga, Teresa
[J]. ECONOMIC THEORY, 2010, 43 (03) : 431 - 456

← 1 2 3 4 5 →