Abstract
Total factor productivity (TFP) is the portion of output not explained by the amount of inputs used in production. As such, its level is determined by how efficiently and intensely the inputs are utilized in production.
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Comin, D. (2010). total factor productivity. In: Durlauf, S.N., Blume, L.E. (eds) Economic Growth. The New Palgrave Economics Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9780230280823_32
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