We propose a measure of technological progress based on the information embedded in standard input-output tables. A connection is established between the quantities necessary as inputs, the associated output and auxiliary prices. It is argued that the wage-profit frontiers and the associated production prices together provide a robust basis for measuring technological progress and productivities. The computation of the wage-profit frontiers is a non-trivial exercise because of high combinatorial complexity. An algorithm that renders this computation feasible is presented. We analyze technological progress and productivities among 30 countries between 1995-2009 using the latest multi-regional input-output data.
|Titolo:||Robust Measurement of National Technological Progress|
|Autori:||Zambelli, Stefano; T., Fredholm; R., Venkatachalam|
|Luogo di edizione:||Trento|
|Casa editrice:||Algorithmic Social Sciences Research Unit|
|Anno di pubblicazione:||2014|
|Appare nelle tipologie:||07.2 Altre pubblicazioni (Other types of publications)|