TITLE

The Role of Energy in Productivity Growth: A Controversial Issue?

AUTHOR(S)
Murillo-Zamorano, Luis R.
PUB. DATE
April 2005
SOURCE
Energy Journal;2005, Vol. 26 Issue 2, p69
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The main objective of this paper is to clarify the controversial role of energy in productivity growth. This is done by reconciling conventional approaches to the measurement of aggregated productivity growth with the microeconomic foundations provided by the energy economics and frontier productivity measurement literature. The use of Malmquist productivity indices allows us to broaden previous research by decomposing productivity growth into technological progress and technical efficiency change as well as analysing the relationship between energy and both sources of productivity change. By doing so, our findings are that energy indeed matters and that the consideration of technical efficiency contributes to a better understanding of both the temporal evolution and cross-country variability of aggregated productivity growth.
ACCESSION #
16590833

 

Related Articles

  • Comments and Replies Nonparametric Productivity Analysis with Undesirable Outputs: Reply. Hailu, Atakelty // American Journal of Agricultural Economics;Nov2003, Vol. 85 Issue 4, p1075 

    Replies to comments on an article published in the 'American Journal of Agricultural Economics,' concerning the nonparametric productivity analysis with undesirable outputs. Features of the model used in the study; Importance of reading the constraint on undesirable outputs in the direction of...

  • Comments and Replies Nonparametric Productivity Analysis with Undesirable Outputs: Comment. F�re, Rolf; Grosskopf, Shawna // American Journal of Agricultural Economics;Nov2003, Vol. 85 Issue 4, p1070 

    Comments on an article published in the 'American Journal of Agricultural Economics,' concerning the nonparametric productivity analysis with undesirable outputs. Features of the model used in the study; Inconsistency of the monotonicity condition introduced by the authors of the article with...

  • Section 1. Energy Overview.  // Monthly Energy Review;Oct2003, p1 

    Presents charts and graphs depicting energy production in the U.S. as of July 2003.

  • Policies to speed convergence.  // OECD Economic Surveys: Norway;Jun2004, p137 

    Deals with the policies needed by Poland aimed at improving the investment environment, speeding up productivity growth and restructuring of the agricultural sector. Factors affecting the attractiveness of Poland as a site for investment; Key performance indicators of commercial banks; Role...

  • Productivity Growth: Causes and Consequences, Conference Summary. Wilson, Daniel // Economic Review (03630021);2006, p85 

    Presents a reprint of a summary of papers presented at the conference Productivity Growth: Causes and Consequences, held on November 18-19, 2005, which appeared in the February 24, 2006 issue of "FRBSF Economic Letter. Causes of productivity growth; Empirical patterns of technology adoption...

  • FOOD AND SURPLUSES.  // America;8/3/1946, Vol. 75 Issue 18, p415 

    The author looks at farmers' concerns regarding production surpluses. According to the author, farmers are producing bumper crops, while facing a decreasing demand and falling incomes. In the pre-war crop years, nutritional surveys show only two-thirds, three-fourths at most, of the world's...

  • Food for millions.  // America;9/24/1955, Vol. 93 Issue 26, p611 

    The article focuses on the role of world production in the population growth issue. World production has already surpassed population growth, according to the 10th annual report of the International Bank for Reconstruction and Development. The author states that the cause of farm problem in the...

  • UK output higher than presumed.  // People Management;2/26/2004, Vol. 10 Issue 4, p9 

    Reports on the revised figures issued by the Office of National Statistics concerning British productivity in 2002. Advantage of Germany over Great Britain in terms of productivity; Improvement in British productivity relative to the U.S.

  • MARGINAL AND AVERAGE VALUES IN THE THEORY OF PRICE FORMATION. Kirillov, S. // Problems of Economics;Apr74, Vol. 16 Issue 12, p42 

    Talks about marginal and average values in the theory of price formation. Factors that require a mechanism of centralized, planned price formation; Discussion on marginal expenditures of labor as a basis for social appraisal; Details on the relationship between production and consumption;...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics