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Rates of productivity growth slowed following the global financial crisis in nearly all OECD countries. Diverse national productivity performances are aggregates of the productivity performances of individual producers, which are influenced by organizational factors such as the quality of...
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This chapter reviews the ways that economists measure the aggregate economic performance of national economies. Efficiency and productivity analysis using the methodologies of data envelopment analysis and stochastic frontier analysis has made a significant contribution to this challenge after...
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