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Caves, Christensen, Diewert introduced Malmquist output, input and productivity indexes into production theory in a …
Persistent link: https://www.econbiz.de/10011184338
Caves, Christensen, Diewert introduced Malmquist output, input and productivity indexes into production theory in a …
Persistent link: https://www.econbiz.de/10011184351
Caves, Christensen and Diewert proposed a method for estimating a theoretical productivity index for a firm using Törnqvist input and output indexes, augmented by exogenous estimates of local returns to scale. However, in order to implement their method, they assumed that the firm maximized...
Persistent link: https://www.econbiz.de/10008455588
In many sectors of the economy, governments either provide various services at no cost or at highly subsidized prices. Examples are the health, education and general government sectors. The paper analyzes three possible general methods to measure the price and quantity of nonmarket government...
Persistent link: https://www.econbiz.de/10008455590
Once a business opts to purchase rather than produce an input, it can also change the source from which the product is procured. Producer price index programs face problems in dealing with price changes associated with sourcing changes. We present measures for price index bias due to sourcing...
Persistent link: https://www.econbiz.de/10008455592
productivity performance of nonmarket production units that is similar to the methodology suggested in the Atkinson report. …Profitability at a period of time is defined as the value of outputs produced by a production unit divided by the … periods into various explanatory factors. The explanatory factors are: the change in the production unit’s cost efficiency …
Persistent link: https://www.econbiz.de/10008455593
difference methodology in order to decompose the growth of a new measure of labour productivity into additive explanatory factors …. This new measure of labour productivity takes into account changes in the terms of trade. We apply our methodology to …
Persistent link: https://www.econbiz.de/10004971014
these nonmarket outputs at their costs of production but it does not give much guidance on exactly how to do this. In this … paper, an explicit methodology is developed that enables one to construct these marginal cost prices. However, in the main …, no substitution production functions for the specific activities in the nonmarket sector are assumed. It is shown that it …
Persistent link: https://www.econbiz.de/10004971047
Using new data from Statistics Canada, the paper shows that the productivity performance of the business sector of the Canadian economy has been reasonably satisfactory over the past 46 years. In particular, traditional gross income Total Factor Productivity (TFP) growth averaged 1.14 percentage...
Persistent link: https://www.econbiz.de/10004975601
Productivity growth rates. The paper notes that the production accounts in the present System of National Accounts (SNA) need to be …
Persistent link: https://www.econbiz.de/10004975614