In order to correct a few misunderstanding about total factor productivity(TFP),this paper explains its concept and its connotation in detail,and presents a comprehensive introduction to the choices of model and variables which are used to estimate TFP. This paper also analyses the appropriate levels of TFP in our country.Finally,it gives some instructive advice for estimating TFP.
The paper describes the necessity,revising rules and revising suggestions of constructing national technical improvement statistical monitoring system.
