Table 5. TFP index change decomposition.
2002/09 | |||||
---|---|---|---|---|---|
TFP-Ia | TFP-Eb | TFP-Tc | TFP-Sd | ||
Model-Ie | Mean | -0.028 | -0.419 | 0.021 | 0.371 |
S.D | 0.848 | 0.278 | 0.950 | 0.530 | |
Model-IIf | Mean | -1.330 | -1.007 | -0.032 | -0.291 |
S.D | 6.946 | 0.776 | 0.481 | 6.871 | |
V(II-I)g | Mean | -1.303 | -0.588 | -0.053 | -0.661 |
aTFP-I = Total Factor Productivity Index Change
bTFP-E = Cost Efficiency Change
cTFP-T = Technical Change
dTFP-S = Scale Economies Effect
eModel-I = Model omitting heterogeneity factors
fModel-II = Model accounting for heterogeneity factors
gV(II-I) = TFP (Model II)—TFP (Model I)