Arbeitspapier

Measuring Productivity using the Index Number Approach: An Introduction

This paper provides an introduction to productivity measurement using index number techniques. Attention is given to the construction of productivity series using common index number formulae, the economic and axiomatic approaches to selecting an index number formula, and the use of chaining. Special attention is also given to measuring physical capital inputs and quality adjusted labour inputs. Numerical examples are used throughout the paper to illustrate the analysis.

Language
Englisch

Bibliographic citation
Series: New Zealand Treasury Working Paper ; No. 04/05

Classification
Wirtschaft
Index Numbers and Aggregation; Leading indicators
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Macroeconomics: Production
Subject
Productivity measurement
index numbers
capital
quality-adjusted labour inputs

Event
Geistige Schöpfung
(who)
McLellan, Nathan
Event
Veröffentlichung
(who)
New Zealand Government, The Treasury
(where)
Wellington
(when)
2004

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • McLellan, Nathan
  • New Zealand Government, The Treasury

Time of origin

  • 2004

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