I want to model TFP series using an econometric model, be it AR(1) process, unit root with drift drift process etc. I was wondering if anyone knows of published papers discussing various methods of modelling technical progress. Alternatively, type in your model of TFP.

Thank you


1 Answer 1


Check the article:

Olley, G. Steven, and Ariel Pakes. The dynamics of productivity in the telecommunications equipment industry.

This is an Econometrica paper (1996). It is the standard method to estimate productivity nowadays.


Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.