In order to correct a few misunderstanding about total factor productivity(TFP),this paper explains its concept and its connotation in detail,and presents a comprehensive introduction to the choices of model and varia...
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In order to correct a few misunderstanding about total factor productivity(TFP),this paper explains its concept and its connotation in detail,and presents a comprehensive introduction to the choices of model and variables which are used to estimate TFP. This paper also analyses the appropriate levels of TFP in our ***,it gives some instructive advice for estimating TFP.
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