Research Article
Productivity of Nations: A Stochastic Frontier Approach to TFP Decomposition
Table 3
Sources of economic growth 1970–2000: average annual % change.
| Country | conomic growth | apital accumulation | abor expansion | Productivity change | Random3 shocks | TFP | Technical progress | Technical efficiency | Scale effects | Allocative efficiency |
| AUS | 4.16 | 1.17 | 1.06 | 0.93 | 0.30 | 0.46 | 0.06 | 0.12 | 1.00 | AUT | 3.74 | 1.70 | 0.30 | 1.77 | 0.25 | 0.69 | 0.01 | 0.81 | −0.03 | BEL | 3.29 | 1.60 | 0.31 | 1.40 | 0.23 | 0.52 | 0.03 | 0.61 | −0.02 | BOL | 2.73 | 1.68 | 1.00 | 0.05 | −0.55 | 0.57 | 0.00 | 0.02 | 0.00 | BRA | 5.59 | 4.51 | 1.13 | 0.39 | 0.01 | 0.55 | 0.41 | −0.58 | −0.44 | CAN | 4.14 | 1.87 | 1.10 | 0.98 | 0.26 | 0.06 | 0.12 | 0.54 | 0.19 | CHE | 2.03 | 1.31 | 0.52 | 1.51 | 0.40 | 0.59 | −0.01 | 0.53 | −1.30 | CHL | 4.98 | 3.88 | 0.87 | −0.41 | −0.30 | 0.13 | 0.11 | −0.35 | 0.64 | COL | 4.93 | 3.73 | 1.05 | −0.20 | −0.30 | 0.31 | 0.20 | −0.41 | 0.34 | CRI | 4.89 | 4.01 | 1.63 | −0.32 | −0.47 | 0.24 | −0.12 | 0.03 | −0.43 | DNK | 2.61 | 0.89 | 0.35 | 1.39 | 0.27 | 0.65 | −0.01 | 0.47 | −0.02 | ESP | 3.97 | 2.79 | 0.54 | 1.30 | 0.23 | 0.45 | 0.17 | 0.44 | −0.66 | FIN | 3.65 | 1.76 | 0.37 | 1.45 | 0.18 | 0.55 | −0.02 | 0.74 | 0.07 | FRA | 3.43 | 1.79 | 0.47 | 1.75 | 0.41 | 0.54 | 0.15 | 0.64 | −0.57 | GBR | 2.73 | 0.99 | 0.27 | 1.33 | 0.32 | 0.35 | 0.10 | 0.55 | 0.13 | GRC | 3.67 | 4.37 | 0.30 | −0.46 | 0.05 | 0.41 | 0.04 | −0.95 | −0.55 | IRL | 6.03 | 2.18 | 0.61 | 0.97 | −0.05 | 0.49 | −0.04 | 0.56 | 2.27 | ISL | 4.13 | 1.22 | 0.93 | 0.97 | −0.09 | 0.82 | −0.21 | 0.46 | 1.01 | ITA | 3.53 | 2.14 | 0.29 | 1.24 | 0.35 | 0.49 | 0.15 | 0.25 | −0.14 | JAM | 1.80 | 2.06 | 0.86 | 0.41 | −0.43 | 0.75 | −0.08 | 0.18 | −1.54 | JOR | 6.23 | 5.95 | 2.17 | −0.83 | −0.63 | 0.39 | −0.14 | −0.45 | −1.06 | JPN | 5.26 | 3.54 | 0.58 | 2.42 | 0.56 | 0.92 | 0.34 | 0.57 | −1.28 | KEN | 5.17 | 3.22 | 1.48 | 0.07 | −0.79 | 0.95 | 0.16 | −0.24 | 0.39 | KOR | 9.31 | 6.93 | 0.88 | 0.62 | −0.03 | 0.71 | 0.40 | −0.46 | 0.87 | MEX | 5.00 | 4.57 | 1.27 | −0.18 | −0.07 | 0.06 | 0.34 | −0.51 | −0.66 | NLD | 3.59 | 1.20 | 0.65 | 1.27 | 0.30 | 0.58 | 0.05 | 0.34 | 0.46 | NOR | 4.09 | 1.75 | 0.40 | 1.53 | 0.25 | 0.81 | −0.03 | 0.50 | 0.41 | NZL | 2.39 | 0.47 | 0.77 | 0.76 | 0.15 | 0.68 | −0.02 | −0.05 | 0.39 | PER | 3.15 | 2.75 | 1.00 | 0.21 | −0.20 | 0.49 | 0.10 | −0.17 | −0.81 | PRT | 4.71 | 3.09 | 0.39 | 1.20 | −0.02 | 0.50 | 0.05 | 0.67 | 0.03 | SWE | 2.57 | 0.96 | 0.36 | 1.44 | 0.28 | 0.57 | 0.01 | 0.57 | −0.20 | THA | 8.01 | 6.51 | 0.62 | −0.73 | −0.29 | 1.00 | 0.37 | −1.79 | 1.60 | TTO | 3.62 | 2.65 | 0.83 | −0.23 | −0.41 | 0.15 | −0.16 | 0.18 | 0.36 | TUR | 5.38 | 5.93 | 0.79 | −1.33 | −0.26 | 0.08 | 0.33 | −1.48 | −0.01 | USA | 3.97 | 1.70 | 0.84 | 1.49 | 0.52 | 0.09 | 0.28 | 0.59 | −0.07 | VEN | 1.82 | 2.24 | 1.41 | 0.06 | −0.10 | 0.05 | 0.08 | 0.04 | −1.90 |
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(1) Growth of GDP; (2) Growth rates adjusted by income shares; (3) Obtained as a residual.
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