Total factor productivity and macroeconomic instability
Total factor productivity and macroeconomic instability
复制标题
全要素生产率与宏观经济不稳定
DOI:
10.1080/09638190903365930
复制
发表时间:
2011
期刊:
影响因子:
--
通讯作者:
Zafer Mustafaoglu
中科院分区:
文献类型:
--
作者:
Hakan Berument;N. Dincer;Zafer Mustafaoglu
Total factor productivity (TFP) is an important component of growth for most countries. This article assesses the role of macroeconomic instability on TFP growth. We consider volatility in inflation, openness of an economy and financial market deepness as measures of macroeconomic instability. Empirical evidence provided from Turkey suggests that volatility of openness and financial market deepness reduce TFP growth, whereas volatility of inflation increases TFP growth.
影响因子:
6.1
作者:
CUKIERMAN, A;MELTZER, AH
通讯作者:
MELTZER, AH