New data and output concepts for understanding productivity trends
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New data and output concepts for understanding productivity trends

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English


  • Productivity accounting.,
  • Input-output analysis.,
  • Industrial productivity -- Measurement.,
  • Industrial productivity -- Statistical methods.

Book details:

Edition Notes

StatementWilliam D. Nordhaus
SeriesNBER working paper series -- no. 8097, Working paper series (National Bureau of Economic Research) -- working paper no. 8097.
ContributionsNational Bureau of Economic Research.
The Physical Object
Pagination35 p. :
Number of Pages35
ID Numbers
Open LibraryOL22414832M

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Labor Productivity Trends Using Alternative Output Measures, Private Business Sector Output Concept Value Added Sectoral Gross Labor Productivity Output Hours Worked (Compound Growth Rates). Downloadable! In this chapter, Andrew Sharpe provides a comprehensive non-technical introduction to the productivity issue, including discussion of productivity concepts, measurement issues, trends and prospects. He begins by noting that productivity is the relationship between the output of goods and services and the inputs of resources, both human and non-human used in their production. Unfortunately, this book can't be printed from the OpenBook. Visit to get more information about this book, to buy it in print, or to download it as a free PDF. measures of aggregate output and input.1 The ratios may relate to the national economy, to an industry, or to a firm or even a plant. Output growth that exceeds growth in meas-ured inputs — that is to say, an increase in the ratio of output to inputs — is what analysts mean when they say productivity is increasing.

Paul Conway, New Zealand Productivity Commission; Discussion on the evidence and policy issues. Session 4: Innovation and Knowledge-Based Capital – New Evidence and the Contribution to Productivity. This session explored new evidence on the drivers of productivity growth, focusing on the role of knowledge based capital (KBC) and its determinants. The Concepts and Measurement of Output and Input John W. Kendrick. Chapter in NBER book Productivity Trends in the United States (), John W. Kendrick, assisted by Maude R. Pech (p. 20 - 56) Published in by Princeton University PressCited by: 1. CONCEPTS AND MEASURES OF PRODUCTIVITY: AN INTRODUCTION 5 output quantity to a measure of the quantity of total input.3 Most of the usual productivity growth measures can be defined in terms of the growth4 or change from s to t in an associated productivity level measure, where t denotes the production scenario of interest and s denotes the compari-File Size: KB.   Productivity is an economic measure of output per unit of input. Inputs include labor and capital, while output is typically measured in revenues and Author: Will Kenton.