Abstract

CAMINO-MOGRO, Segundo. Estimating a production function and productivity analysis: The sector of global innovation for local markets. estud.gerenc. [online]. 2017, vol.33, n.145, pp.400-411. ISSN 0123-5923.  https://doi.org/10.1016/j.estger.2017.10.004.

This paper analyzes the production of the sector of global innovation in local markets in Spain during the period 1990-2005, by estimating a function of production by Ordinary Least Squares and fixed and random effects, using traditional factors. This article aims at making a description of the sector, estimating a production function at firm level and, finally, studying the total factor productivity (TFP) and its relationship with exports and technological innovation. The main conclusions are that TFP presents a pattern of growth throughout the period and there is evidence in favor of a positive relationship between TFP and exports and innovative activities of the companies.

Keywords : Total factor productivity; Function of production; Exports; Innovation; Manufacturing.

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