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Total factor productivity (TFP) can be defined as the ratio of an aggregate output to an aggregate input. This … definition naturally leads to TFP indexes that can be expressed as the ratio of an output quantity index to an input quantity … index. If the aggregator functions satisfy certain regularity properties then these TFP indexes are said to be …
Persistent link: https://www.econbiz.de/10010988862
Beobachtungszeitraum jedoch nicht aufrechterhalten können. Die Anwendung des Malmquist- Index verdeutlicht, dass diese Entwicklung nicht … productivity in organic and conventional agriculture in the period from 1999/2000 to 2006/07. Productivity development is assessed … a conventional counterpart with similar structural features. The study reveals a similar development of productivity in …
Persistent link: https://www.econbiz.de/10011143130
Persistent link: https://www.econbiz.de/10009327472
Labour productivity is defined as output per unit of labour input. Economists acknowledge that technical progress as … well as growth in capital inputs increases labour productivity. However, little attention has been paid to the fact that … changes in labour input alone could also impact labour productivity. Since this effect disappears for the constant returns to …
Persistent link: https://www.econbiz.de/10009025254
to the U.S. industry data of the years 1970–2005, we compare newly proposed index of labour productivity growth with the …We introduce two new indexes of labour productivity growth. Both indexes are intended to capture the shift in the short … other is based on the profit function. In the end, we show that these two theoretical measures coincide with the index …
Persistent link: https://www.econbiz.de/10009025266
Economists acknowledge that technical progress and growth in capital inputs increase labour productivity (LP). However … effect. We propose theoretical measures for these three components and show that they coincide with the index number formulae …–1995 productivity slowdown period. We conclude that the returns to scale effect can considerably explain the gap in LP growth between …
Persistent link: https://www.econbiz.de/10011155015
policy on the cooperative dairy plants in India. Data envelopment analysis (DEA) and the Fisher index approach are applied to … measure economic efficiency and total productivity changes, respectively. The data involves 65 observations from a complete …
Persistent link: https://www.econbiz.de/10005476543
Persistent link: https://www.econbiz.de/10000885391
This report presents the results of purchasing power parities (PPPs) in the 2011 International Comparison Program in Asia and the Pacific and background information on the concepts that underpin the results. The PPPs are disaggregated by major economic aggregates that enable robust cross-country...
Persistent link: https://www.econbiz.de/10011165187
total factor productivity growth could be useful and valuable in drafting any future policy. Since the early 1990s, many … and productivity analysis studies. The majority of empirical studies have involved applications to United States data … total factor productivity (TFP) growth of electricity utilities in Malaysia using a parametric model. Hence, in this study …
Persistent link: https://www.econbiz.de/10009448702