Index Number Concepts, Measures and Decompositions of Productivity Growth

Walter Diewert and Alice Nakamura ()

Journal of Productivity Analysis, 2003, vol. 19, issue 2, 127-159

Abstract: This paper explores the definitions and properties of total factor productivity growth (TFPG) indexes, focusing especially on the Paasche, Laspeyres, Fisher, Törnqvist, and implicit Törnqvist ones. These indexes can be evaluated from observable price and quantity data, and certain of these are shown to be measures of TFPG concepts and theoretical indexes that have been proposed in the literature. The mathematical relationships between these and quantity aggregates, financial measures, and price and quantity indexes are explored. Decompositions of the productivity growth indexes are also given. The paper concludes with a brief overview of some limitations on our analysis. Copyright Kluwer Academic Publishers 2003

Keywords: index numbers; productivity; TFP; TFPG; technical change (search for similar items in EconPapers)
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (52)

Downloads: (external link)
http://hdl.handle.net/10.1023/A:1022897231521 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jproda:v:19:y:2003:i:2:p:127-159

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11123/PS2

DOI: 10.1023/A:1022897231521

Access Statistics for this article

Journal of Productivity Analysis is currently edited by William Greene, Chris O'Donnell and Victor Podinovski

More articles in Journal of Productivity Analysis from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().