TFP

Noun

Meaning

(Internet) Initialism of time for print: a photographer's arrangement where the model is paid with a selection of prints from the shoot, and a limited licence to use them.

(economics) Initialism of total factor productivity.

Related terms

Examples

As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development. Toshihiko Fukui

The standard growth theory tells us that economic growth in per capita basis comes from mainly two sources: capital deepening and total factor productivity growth, or TFP growth. Toshihiko Fukui

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