Productivity measurement within an input-output framework

Edward Wolff

    Research output: Contribution to journalArticle

    Abstract

    Input-output provides features for the measurement and analysis of total factor productivity (TFP) growth. First, TFP growth can be measured using gross output and incorporating materials as an input. Second, a growth accounting framework can be developed to measure the effect of final output mix changes on aggregate productivity growth. Third, capital can be treated as a produced means of production. Fourth, measures of composite technical change can overcome difficulties engendered by the substitution of externally providedinputs for those previously provided by the firm. Fifth, TFP growth of secondary production can be analytically separated from that of primary output.

    Original languageEnglish (US)
    Pages (from-to)75-92
    Number of pages18
    JournalRegional Science and Urban Economics
    Volume24
    Issue number1
    DOIs
    StatePublished - 1994

    Fingerprint

    total factor productivity
    productivity
    means of production
    secondary production
    substitution
    Productivity measurement
    Total factor productivity growth
    firm
    Productivity growth
    Technical change
    Substitution
    Aggregate productivity
    Growth accounting

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Urban Studies

    Cite this

    Productivity measurement within an input-output framework. / Wolff, Edward.

    In: Regional Science and Urban Economics, Vol. 24, No. 1, 1994, p. 75-92.

    Research output: Contribution to journalArticle

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