Volumen 37 Número 73 (2014)

Permanent URI for this collectionhttp://54.81.141.168/handle/123456789/175948

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Presentación
  • Presentación Comité Editorial; 5

    • Articles
  • Total Factor Productivity Estimation in Peru: Primal and Dual Approaches Céspedes, Nikita; Ramírez-Rondán, Nelson; 9-29
  • Productivity Gap and Asymmetric Trade Relations: The Canada-United States of America Integration Process Gonzalez, Germán H; 31-46
  • Understanding Underage Drinking in Peru: Determinants of Its Frequency and Intensity Seinfeld, Janice; Galarza, Francisco; 47-74
  • Features of the Peruvian elderly and social protection policies Olivera, Javier; Clausen, Jhonatan; 75-112
  • A Note on the Size of the ADF Test with Additive Outliers and Fractional Errors. A Reappraisal about the (Non)Stationarity of the Latin-American Inflation Series Rodríguez, Gabriel; Ramírez, Dionisio; 113-132

    • Notes and Debates
  • Debate Jiménez - Ghezzi/Gallardo: Qué se puede hacer con el Perú Jiménez, Félix; Ghezzi, Piero; Gallardo, José; 135-156
  • Manejo económico de los Estados, sus restricciones fiscales y sus restricciones de deuda Dix, Manfred; 157-166
  • Tres ladrillos sobre la burbuja inmobiliaria y financiera española Gelles, Jan-David; 167-173

    • Reviews
  • Fukuyama, Francis. The Origins of Political Order. From Prehuman Times to the French Revolution. Nueva York: Farrar, Strauss and Giroux, 2011, 585 pp. Luna, Erich Daniel; 177-179
  • Piketty, Thomas. Capital in the Twenty-First Century. Cambridge: Belknap Press of Harvard University Press, 2014, 696 pp. Gruber Narváez, Stephan; 180-182

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      Total Factor Productivity Estimation in Peru: Primal and Dual Approaches
      (Pontificia Universidad Católica del Perú. Fondo Editorial, 2014-08-25) Céspedes, Nikita; Ramírez-Rondán, Nelson
      In this paper we estimate total factor productivity (TFP) growth for the Peruvian economy usingthe primal and dual methods for the period 2003-2012. According to the primal method, a procedure that uses the Solow residual as an indicator of productivity, TFP grew at an average annual rate of 1.6%, adjusted for the quality and usage of the factors of production. According to the dual method, a procedure that considers estimations of the marginal productivities of the factors of production, TFP grew at an annual rate of 1.7%.