Balk, Bert M. - 2021 - 1st ed. 2021.
This book develops the theory of productivity measurement using the empirical index number approach. The theory uses … agents, and perfect foresight. The theory can be applied to all the common levels of aggregation (micro, meso, and macro …-life data demonstrate the empirical feasibility of the theory. The book is directed to a variety of overlapping audiences …