Trends of Total Factor Productivity of G7’s Manufacturing Sector

Author(s)	Bhawna Mudgal, Dr. Hemlata Manglani
Country	India
Abstract	Manufacturing sector has played a significant role in determining and augmenting the G7’s economic growth. Total Factor Productivity (TFP) is estimated for the G7’s manufacturing sector on the foundation of Solow Residual, using FGLS technique. Trends of the TFP growth is discussed and portrayed for the time frame of 2000 to 2022. The structure of the path of TFP scores is distinctive for each member of the group. The findings of the study advise policymakers to strengthen innovation-related R&D and skill advancement to augment productivity.
Keywords	Total Factor Productivity, manufacturing sector, G7, CIPS unit root test, Feasible Generalized Least Square
Field	Sociology > Economics
Published In	Volume 7, Issue 1, January-February 2025
Published On	2025-01-29
Cite This	Trends of Total Factor Productivity of G7’s Manufacturing Sector - Bhawna Mudgal, Dr. Hemlata Manglani - IJFMR Volume 7, Issue 1, January-February 2025.

About IJFMR Fees & Payment Current Issue Publication Archive	Submit Research Paper Track Submission Status Publication Guidelines Publication Ethics Peer Review & Plagiarism	Join as a Reviewer Editors & Reviewers Reviewer Referral Program Get Reviewer Membership Certi.	Website/Journal Policies Usage Policy Content Policies Privacy Policy

Contact Us		+91-9687-828-838	editor@ijfmr.com

International Journal For Multidisciplinary Research