A New Method for Measuring Total Factor Productivity Growth Based on the Full Industry Equilibrium Approach: The Case of the Greek Economy

A new method of identifying the sources of output growth and measuring total factor productivity (TFP) is proposed, with an application to data from the Greek economy. The price accounting approach, based on the full industry equilibrium (FIE) framework introduced by Opocher and Steedman, where tech...

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Bibliographic Details
Main Authors: Nicholas Tsounis, Ian Steedman
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/9/3/114