1 / 9

Methodological Issues in Calculating Total Factor Productivity Index

Explore economic and axiomatic approaches for productivity measures, input-output coefficients, and more. Learn to measure labor and capital productivity accurately. Find solutions to common problems in productivity analysis.

mignon
Télécharger la présentation

Methodological Issues in Calculating Total Factor Productivity Index

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Methodological issues on calculating total-factor productivity index Borut Kodrič

  2. Productivity : Input-output coefficient : Output produced : Input needed

  3. Productivity measures

  4. Productivity index • The economic andaxiomatic approaches to choosing an index number formula

  5. Measuring output • Gross output vs. value added • Problems: • Price indeces data • Commodity taxes data • Measuring output in service sector • Measuring intersectoral flows of contracted labour services or rented capitalequipment

  6. Measuring labour • Number of employed persons • Hours actually worked • Alternative: Hours paid or full-time equivalents • Problems: • Self-employed persons • Differences in the contribution of different types oflabour

  7. Measuring capital • Flows of the quantity of capital services are not usually directly observable (Productive stock of capital) • User cost of capital

  8. Productivity index :represents the share of input i in the total value of inputs :represents the share of VAin the total VA

  9. Results Table 1:Capital-labour productivity index (2000=100, Laspeyers)

More Related