Dissecting aggregate output and labour productivity change

This paper is about the relation between output and labour productivity measures for individual production units and for aggregates such as industries, sectors, or economies. In the framework of discrete time periods several useful, symmetric expressions are derived and confronted with results from...

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Bibliographic Details
Published in:Journal of productivity analysis 2014-08, Vol.42 (1), p.35-43
Main Author: Balk, Bert M.
Format: Article
Language:English
Subjects:
Accounting/Auditing
Aggregate price indices
Aggregates
Approximation
Decomposition
Econometrics
Economic growth
Economics
Economics and Finance
GDP
Gross Domestic Product
Growth rate
Industrial productivity
Industry
Labor force
Labor productivity
Microeconomics
Operations Research/Decision Theory
Output
Per capita
Price indices
Prices
Productivity
Revenue
Studies
Unit costs
Value added
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Description
Summary:This paper is about the relation between output and labour productivity measures for individual production units and for aggregates such as industries, sectors, or economies. In the framework of discrete time periods several useful, symmetric expressions are derived and confronted with results from the literature.
ISSN:0895-562X
1573-0441
DOI:10.1007/s11123-013-0359-6