TFPszámítás
TFPszámítás is a term that refers to the calculation of Total Factor Productivity (TFP). TFP is a key concept in economics used to measure the efficiency of production. It represents the portion of output that cannot be explained by the amount of inputs used in production, such as labor and capital. In essence, TFP growth signifies improvements in how effectively inputs are combined and utilized.
The calculation of TFP typically involves comparing the observed output of an economy or firm with the
Factors that contribute to TFP growth include technological advancements, improvements in management practices, human capital development,