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Foote, Charles R. | Measuring an ideas-based economy: an assessment of total factor productivity | This study presents a new empirical assessment of the ability of Total Factor Productivity (TFP) to measure the effects of innovation in aggregate and across different industries. Typically, TFP is estimated as a scale parameter of a production function fit to output and input data from industries o... | Industrial productivity; Total factor productivity | 2015-04 |
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