TFP change and its components for Swedish manufacturing firms during the 2008–2009 financial crisis

A driving force of economic development is growth in total factor productivity (TFP). Manufactured goods are, to a large extent, exports, and represent an important part of the economy for many developed countries. Additionally, a slowdown in labour productivity has been observed in many OECD countries since the financial crisis of 2008–2009. This study investigates TFP change and its components for the Swedish manufacturing industry, compared...