Total Factor Productivity: European and US Perspectives
- Autores: Mokhammad A.N.1,2
-
Afiliações:
- National Research Institute of World Economy and International Relations named after E.M. Primakov, Russian Academy of Sciences
- Center for Industrial and Investment Research
- Edição: Nº 6 (134) (2025)
- Páginas: 226–239
- Seção: ТРИБУНА МОЛОДОГО УЧЁНОГО
- URL: https://journals.rcsi.science/0201-7083/article/view/357498
- DOI: https://doi.org/10.7868/S303459952506018X
- ID: 357498
Citar
Resumo
The article provides an insight into the dynamics of total factor productivity of the leading European countries (the UK, France, Germany, Italy, Spain) and the US. The current state of technological development has been assessed and promising areas of impact to ensure sustainable socio-economic development have been identified. The aggregate factor productivity growth (human capital, resource allocation and openness of the economy) is systematized. Methodologically the article is based on the system approach, along with comparative and statistical analysis. The article explores prospects for stimulating innovative development at the country level: Global Innovation Index, Human Development Index, Global Knowledge Index, number of patent applications, expenditures on health care, education and research and development, etc. Based on these indicators, a grouping of countries with similar development trends was identified as follows: USA and the UK, France and Germany, Italy and Spain. Taking into account the result of the impact of the above factors, countries can adjust their socio-economic programs in order to optimize the implemented strategies.
Sobre autores
A. Mokhammad
National Research Institute of World Economy and International Relations named after E.M. Primakov, Russian Academy of Sciences; Center for Industrial and Investment Research
Autor responsável pela correspondência
Email: mns.arshad@outlook.com
Junior Researcher Moscow, Russia
Bibliografia
- Hulten C.R. (2001). Total factor productivity: a short biography. New developments in productivity analysis. University of Chicago Press. P. 1–54. URL: https://www.nber.org/system/files/chapters/c10122/c10122.pdf (дата обращения: 09.05.2025).
- Solow R.M. (1957). Technical Change and the Aggregate Production Function. The Review of Economics and Statistics. Vol. 39. No. 3. P. 312–320. DOI: https://doi.org/10.2307/1926047.
- Easterly W., & Levine R. (2002). It's not factor accumulation: stylized facts and growth models. Banco Central de Chile. URL: https://repositoriodigital.bcentral.cl/xmlui/handle/20.500.12580/3681 (дата обращения: 09.05.2025).
- Zymek R. (2024) Total factor productivity. Finance & Development. Vol. 61. No. 5. P. 8–9. URL: https://www.imf.org/en/Publications/fandd/issues/2024/09/back-to-basics-total-factor-productivity-robert-zymek (дата обращения: 09.05.2025).
- Радыгин А.Д., Абрамов А.Е., Чернова М.И. (2024). Динамика совокупной факторной производительности экономики и влияющие на нее факторы. Экономическая политика. Т. 19. № 3. С. 6–43. DOI: https://doi.org/10.18288/1994-5124-2024-3-6-43.
- Coe D.T., Helpman E. (1995). International R&D Spillovers. European Economic Review. Vol. 39. Iss. 5. P. 859–887. DOI: https://doi.org/10.1016/0014-2921(94)00100-E.
- Barro R., Sala-i-Martin X. (2004) Economic Growth, Second Edition. Cambridge, The MIT Press. 672 p.
- Madsen J.B. (2007). Technology spillover through trade and TFP convergence: 135 years of evidence for the OECD countries. Journal of International Economics. Vol. 72. P. 464–480. DOI: https://doi.org/10.1016/j.jinteco.2006.12.001.
- Madsen J.B., Islam M.R., and Ang J. B. (2010). Catching up to the technology frontier: The dichotomy between innovation and imitation. Canadian Journal of Economics. No. 43(4). P. 1389–1411. URL: https://www.jstor.org/stable/40925281 (дата обращения: 09.05.2025).
- Herzer D. (2017). Foreign direct investment and total factor productivity in Bolivia. Applied Economic Letters. Vol. 34. P. 399–403. DOI: https://doi.org/10.1080/13504851.2016.1197359.
Arquivos suplementares

