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The Deviation Terms in the Decomposition of Aggregate Productivity Growth

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Authors

Le Li, Simona Settepanella

Issue Date
2022-05
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics Vol.35, No.2, pp 118-130
Keywords
Growth decompositionAggregate productivityDeviation termWithin and between effects
Abstract
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.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/180182
DOI
https://doi.org/10.22904/sje.2022.35.2.001
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