학술저널
The Deviation Terms in the Decomposition of Aggregate Productivity Growth
- 서울대학교 경제연구소
- Seoul Journal of Economics
- Seoul Journal of Economics Volume 35 No.2
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2022.05117 - 130 (14 pages)
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DOI : 10.22904/sje.2022.35.2.001
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In the decomposition of aggregate productivity growth, corresponding components are generally indexed according to the deviation of individual-level productivity from aggregate productivity. This paper provides an alternative perspective and points out that this decomposition method seems more suitable for studying change in relative aggregate productivity growth than for aggregate productivity growth when a deviation term is adopted.
I. Introduction
II. Two Measures for Industry-level Productivity and Its Growth
III. Decomposition of the Industry-Level Productivity Growth
IV. Discussion
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