Productivity decomposition, TFP and labour productivity (in percentage) Notes: FHK and GR denote the decomposition methods proposed by Foster et al. (2001), and Griliches and Regev (1995), respectively. Small and large firms weighted at sector-level; aggregation weighted over 17 two-digit industries by firm’s output (TFP) and employment (LP)
The results of the productivity growth decomposition exercise are
given in Table 4 and Fig. 5 .
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