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Working Paper

Decomposing TFP Growth in the Presence of Cost Inefficiency, Nonconstant Returns to Scale, and Technological Progress

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A decomposition of observed total factor productivity (TFP) growth that examines changes in returns to scale, cost efficiency, and technology and that develops several decompositions using production and cost frontiers.
12.01.1988WP 88-13
Suggested Citation

Bauer, Paul. 1988. “Decomposing TFP Growth in the Presence of Cost Inefficiency, Nonconstant Returns to Scale, and Technological Progress.” Federal Reserve Bank of Cleveland, Working Paper No. 88-13.