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Aggregate Productivity Measures
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Book Synopsis Measuring Productivity - OECD Manual Measurement of Aggregate and Industry-level Productivity Growth by : OECD
Download or read book Measuring Productivity - OECD Manual Measurement of Aggregate and Industry-level Productivity Growth written by OECD and published by OECD Publishing. This book was released on 2001-07-16 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This manual presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues.
Book Synopsis Aggregate Productivity Measures by :
Download or read book Aggregate Productivity Measures written by and published by . This book was released on 1994 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measuring Productivity - OECD Manual Measurement of Aggregate and Industry-level Productivity Growth by : OECD
Download or read book Measuring Productivity - OECD Manual Measurement of Aggregate and Industry-level Productivity Growth written by OECD and published by OECD Publishing. This book was released on 2001-07-24 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Measuring Productivity Manual is the first comprehensive guide to the various productivity measures aimed at statisticians, researchers and analysts involved in constructing industry-level productivity indicators. This Manual presents the ...
Book Synopsis Aggregate and Industry-Level Productivity Analyses by : Ali Dogramaci
Download or read book Aggregate and Industry-Level Productivity Analyses written by Ali Dogramaci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1 Ali Dogramaci and Nabil R. Adam 1.1. OVERVIEW With the decline of U.S. productivity growth, interest has surged to under stand the behavior of productivity measures through time, the conceptual foundations of productivity analysis, and the linkage between productivity performance and other major forces in the economy. The purpose of this volume is to present a brief overview of some of the concepts used in aggre gate and industry-level productivity analyses and the results of some of the recent research in this field. The book is divided into three parts. Part I covers some of the methodo logical approaches used in aggregate and industry-level productivity studies. Part II deals with the movement of labor productivity measures through time. The papers in this part of the book study productivity changes as uni variate time series and analyze some of the characteristics of the patterns displayed. The papers in Part III address the issues of measurement of capi tal, the relation of capital formation to productivity growth, and the rela tion of imported intermediate inputs to U.S. productivity performance.
Book Synopsis Productivity and Efficiency Analysis by : William H. Greene
Download or read book Productivity and Efficiency Analysis written by William H. Greene and published by Springer. This book was released on 2015-12-29 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings volume examines the state-of-the art of productivity and efficiency analysis and adds to the existing research by bringing together a selection of the best papers from the 8th North American Productivity Workshop (NAPW). It also aims to analyze world-wide perspectives on challenges that local economies and institutions may face when changes in productivity are observed. The volume comprises of seventeen papers that deal with productivity measurement, productivity growth, dynamics of productivity change, measures of labor productivity, measures of technical efficiency in different sectors, frontier analysis, measures of performance, industry instability and spillover effects. These papers are relevant to academia, but also to public and private sectors in terms of the challenges firms, financial institutions, governments and individuals may face when dealing with economic and education related activities that lead to increase or decrease of productivity. The North American Productivity Workshop brings together academic scholars and practitioners in the field of productivity and efficiency analysis from all over the world. It is a four day conference exploring topics related to productivity, production theory and efficiency measurement in economics, management science, operations research, public administration, and related fields. The papers in this volume also address general topics as health, energy, finance, agriculture, utilities, and economic dev elopment, among others. The editors are comprised of the 2014 local organizers, program committee members, and celebrated guest conference speakers.
Book Synopsis Productivity Measurement and Analysis by : OECD
Download or read book Productivity Measurement and Analysis written by OECD and published by OECD Publishing. This book was released on 2009-04-28 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.
Book Synopsis System of National Accounts by : Statistics Canada
Download or read book System of National Accounts written by Statistics Canada and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Productivity written by Bert M. Balk and published by Springer Nature. This book was released on 2021-07-22 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops the theory of productivity measurement using the empirical index number approach. The theory uses multiplicative indices and additive indicators as measurement tools, instead of relying on the usual neo-classical assumptions, such as the existence of a production function characterized by constant returns to scale, optimizing behavior of the economic agents, and perfect foresight. The theory can be applied to all the common levels of aggregation (micro, meso, and macro), and half of the book is devoted to accounting for the links existing between the various levels. Basic insights from National Accounts are thereby used. The final chapter is devoted to the decomposition of productivity change into the contributions of efficiency change, technological change, scale effects, and input or output mix effects. Applications on real-life data demonstrate the empirical feasibility of the theory. The book is directed to a variety of overlapping audiences: statisticians involved in measuring productivity change; economists interested in growth accounting; researchers relating macro-economic productivity change to its industrial sources; enterprise micro-data researchers; and business analysts interested in performance measurement.
Book Synopsis OECD Productivity Manual by : Paul Schreyer
Download or read book OECD Productivity Manual written by Paul Schreyer and published by . This book was released on 2001 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measures of productivity growth constitute core indicators for the analysis and prospects of economic growth. However, there are many different approaches towards productivity measurement and their calculation and interpretation needs careful consideration, in particular when international comparisons are involved. The OECD Productivity Manual is the first comprehensive guide to the various productivity measures and addresses statisticians, researchers and analysts who are involved in constructing industry-level productivity indicators. The Manual presents the theoretical foundations to productivity measurement, and discusses implementation and measurement issues. Text is accompanied by empirical examples from OECD countries and by numerical examples to enhance its readability. The Manual also offers a brief discussion of the interpretation and use of productivity measures.
Book Synopsis Aggregate Productivity Measures. Mesures de la Productivité Des Agrégats by : Statistics Canada. Input-Output Division
Download or read book Aggregate Productivity Measures. Mesures de la Productivité Des Agrégats written by Statistics Canada. Input-Output Division and published by . This book was released on 1983 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Aggregate Productivity Measures for the Federal Reserve System Operations by : P. Viswanathan
Download or read book Aggregate Productivity Measures for the Federal Reserve System Operations written by P. Viswanathan and published by . This book was released on 1979 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten
Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Book Synopsis Productivity Measurement by : Daniel E. Sichel
Download or read book Productivity Measurement written by Daniel E. Sichel and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a non-technical review of the literature and issues related to the measurement of aggregate productivity. I begin with a discussion of productivity measures, their performance in recent decades, and key measurement puzzles that emerge from the data. The remainder of the review focuses on two important questions. First, how do we make more accurate the measures of prices used to deflate nominal output so as to win (or at least not lose) the race for economic measurement to keep up with a changing economy? This section frames the issues and points to the most important and promising areas for further research. Second, what does or should GDP measure? I defend GDP as a valuable measure of production and offer suggestions for improving it. At the same time, I emphasize the importance of measuring economic welfare (well being) and highlight the value of supplementing GDP with a satellite account that measures economic welfare.
Book Synopsis Global Productivity by : Alistair Dieppe
Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD
Book Synopsis Measuring Aggregate Productivity Growth Using Plant-level Data by : Amil Petrin
Download or read book Measuring Aggregate Productivity Growth Using Plant-level Data written by Amil Petrin and published by . This book was released on 2005 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We define productivity growth as the change in welfare that arises from additional output holding primary inputs constant. Using this traditional growth-accounting definition, we show that gains may arise because of plant-level technology shocks, and, in imperfectly competitive settings, from the reallocation of inputs across plants with differing markups and/or shadow values of primary inputs. With plant-level data, the alternative and most popular definition of productivity growth looks at the difference in the first moments of the productivity distribution. We show that this definition adds an additional term to the growth-accounting measure, which has been called "reallocation." We show there is a very weak relationship between the two indexes in almost every 3-digit manufacturing industry in both Chile from 1987-1996 and Colombia from 1981-1991 - 49 in total - primarily because this "reallocation" term is large and volatile. We explore the theoretical reasons for this sharp divergence, in the process uncovering a number of previously unnoticed and unattractive features of the first-moment definition. For example, it is not tethered to any theoretical model, it is sensitive to measured units, and it can report positive productivity growth when welfare has fallen.
Book Synopsis Productivity Indices by : Andreas Zweifel
Download or read book Productivity Indices written by Andreas Zweifel and published by GRIN Verlag. This book was released on 2010-11 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Business economics - Miscellaneous, grade: 5.50, University of Zurich (Institut für Empirische Wirtschaftsforschung (IEW)), course: Master Seminar QWG: Produktivitäts- und Effizienzmessung, language: English, abstract: Efficiency and productivity are two related concepts, which are helpful in order to describe the economic performance of production units. Whereas people have diverging notions of efficiency, we commonly agree about the meaning of productivity. The latter is a familiar and intuitive measure of economic performance that can be applied on different scales ranging from the individual worker up to whole nations (Färe et al., 2008). However, efficiency and productivity are strongly linked to each other through the various techniques by which the determinants of producer performance are measured. Efficiency can be defined as a comparison between observed and optimal values of the output and input level of a production unit (Lovell, 1993). Thereby, we may refer to the maximum output level that can be potentially obtained from a given input, or the minimum potential input level that is required to produce a given output. On the other hand, productivity is simply determined as the ratio of a producer's output to its input. There are two basic reasons to explain our interest in measuring efficiency and productivity. Most importantly, production units can be evaluated using these success indicators, which enable the comparison of the performance across production units or the performance change of a specific producer across time. Secondly, we are interested in identifying the source of efficiency or productivity differentials in order to design policies that should help to improve the performance of public and private institutions. Hence, performance measures can be useful to explore hypotheses about the effects of market structure, economic regulation or the effect of ownership on performance (Lovell, 1993). Based
Book Synopsis Productivity Analysis by : Ali Dogramaci
Download or read book Productivity Analysis written by Ali Dogramaci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a wide variety of perspectives for productivity analysis. The back grounds of different researchers and practitioners who work on this topic include such fields as economics, business administration, and industrial engineering, among others. Within each such field, there are different schools of thought on the theory and application of productivity analysis. Often it is not difficult to observe a lack of communication among the advocates of these separate schools. The purpose of this book is to present in a single volume samples of alternative approaches to productivity analy sis. This may be considered as a first step toward a better communication among practitioners and researchers in the fields of management, industrial engineering, and economics. The focus of the book is on the United States, where the productivity growth problem has been acute for some time. The book begins with a brief overview chapter that covers some of the issues involved in productivity analysis and a sample of methodological ap proaches presently in use. After this introduction, we move to Chapter 2 where Solomon Fabricant presents the issues related to measurement and analysis at the macroeconomic level. In Chapter 3, C. Lowell Harriss discusses concepts that he considers es sential for productivity growth: capital formation, technological progress, and freedom.
