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Comparison of TFP Growth Rate Estimations

Comparison of TFP Growth Rate Estimations

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The Continuous Shocks of Fiscal Expenditure and Tax on TFP at the...
The Continuous Shocks of Fiscal Expenditure on TFP at the Structural Level
The Continuous Shocks of Commodity Tax on TFP at the Structural Level
The Continuous Shocks of Income Tax on TFP at the Structural Level
Comparison of TFP Growth Rate Estimations
Nonlinear Shock Effect of China’s Fiscal Policy on Total Factor Productivity—Based on the Dual Perspective of Aggregate and Structure
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  • Mar 2022
In different economic periods, if the government blindly adopts expansionary fiscal policy, it may not be able to effectively increase total factor productivity (TFP). Based on this, this paper constructs a factor augmented vector autoregressive model with time-varying parameters and stochastic volatility (SV-TVP-FAVAR), and explores the nonlinear...
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