Total Factor Productivity Slowdown Evidence From

The rise and decline of the Soviet ... - University of Utah

that of the other inputs.The slowdown in accumulation was not due to a drop in the investment rate, which continued to rise, but to the decline in GDP growth. Most dramatically, total factor productivity growth went negative. This result is quite controversial, as we will see, since it presumes a Cobb-Douglas production func-tion, which is ...

  Factors, Total, Productivity, Total factor productivity, Slowdown