Productivity Indexes and National Statistics: Theory, Methods and Challenges

Walter Diewert and Kevin Fox

Microeconomics.ca working papers from Vancouver School of Economics

Abstract: This paper reviews the theory underlying the index number approaches used by National Statistical Offices in the construction of productivity indexes. It reviews approaches for measuring output, labour and capital, and highlights persistent and emerging measurement problems.

Keywords: Productivity measurement; index numbers; GDP mismeasurement; productivity slowdown; digital economy (search for similar items in EconPapers)
JEL-codes: C43 C8 D24 E23 O3 O4 (search for similar items in EconPapers)
Pages: 62 pages
Date: 2019-04-25, Revised 2019-04-25
New Economics Papers: this item is included in nep-eff and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:ubc:pmicro:erwin_diewert-2019-8

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