Annual and Quarterly Measures
Bert Balk
Chapter Chapter 4 in Productivity, 2021, pp 93-107 from Springer
Abstract:
Abstract Productivity change is generally measured in index form as ratio of output quantity index over input quantity index. Several statistical agencies publish quarterly as well as annual productivity index numbers or growth percentages, constructed from what appear to be basically the same sources. This raises the question whether, apart from measurement errors, consistency between quarterly and annual indices can be expected. This chapter explores, from a theoretical perspective, the options for obtaining consistency between annual and quarterly (or more general: between period and subperiod) measures of productivity change.
Keywords: Productivity index; Annual; Quarterly; Consistency (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-030-75448-8_4
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DOI: 10.1007/978-3-030-75448-8_4
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