Front Matter Page
European Department
Authorized for distribution by Luc Everaert
Contents
I. Introduction
II. Theoretical Literature and Empirical Evidence
III. Theoretical Model
IV. Data Sources and Variable Construction
A. Measuring Total Factor Productivity
B. Conversion of Industry Value Added
C. Measuring Inputs
V. Estimation Methodology and Results
VI. Conclusions
Appendices
I. Data Sources
II. Unit Value Ratios
III. France, United States, and the United Kingdom: Sector Shares of Labor in Value Added
IV. Industry Characteristics Relative to Manufacturing Average
V. Unit Root Tests
VI. Correlation Matrix for Variables
Bibliography
Figures
1. Relative French/U.S. Total Factor Productivity
2. Relative French/U.K. Total Factor Productivity
Tables
1. Sector Coverage
2. Time-Averaged Total Factor Productivity Growth Rates in France and the United States, 1980–2002
3. Within-Groups Estimation: Preliminary Results
4. Within-Groups and IV Estimation