Profit-oriented productivity change: A comment
Bert Balk
Omega, 2018, vol. 78, issue C, 176-178
Abstract:
This paper is a comment on [6]. It is shown that: (1) their ‘profit-Luenberger’ productivity indicator (πL) appears to be identically equal to an empirical, profit-based Bennet quantity indicator, and (2) their ‘price effect’ (PE) is a residual without independent interpretation.
Keywords: Total factor productivity; Indicator; Decomposition; Bennet; Luenberger (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (5)
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DOI: 10.1016/j.omega.2017.06.011
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