Journal
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
Volume 195, Issue -, Pages 311-318Publisher
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ijpe.2017.10.010
Keywords
Luenberger indicator; Luenberger-Hicks-Moorsteen indicator; TFP
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Funding
- China Scholarship Council [201308070020]
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We empirically compare both the popular Luenberger indicator with the less popular Luenberger-Hicks-Moorsteen productivity indicator on an agricultural panel data set of Chinese provinces over the years 1997-2014. In particular, we test for the differences in distribution when comparing these indicators. These tests are crucial to answer the question to which extent the Luenberger indicator can approximate the Luenberger-Hicks-Moorsteen productivity indicator that has a Total Factor Productivity (TFP) interpretation.
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