Consider two countries, A and B. If each country produces using identical production functions, but y_A $\gt$ y_B and k_A =k_B, the total factor productivity of country A equals that of B.

Question

Quizplus · Accepted Answer

If y_A > y_B and k_A = k_B, then the total factor productivity (TFP) of country A is greater than that of country B, assuming identical production functions.

Consider Two Countries, a and B >\gt> YB and KA =KB, the Total Factor Productivity of Country

Consider Two Countries, a and B $\gt$ Y_B and K_A =K_B, the Total Factor Productivity of Country