Alternative output, input and income concepts for the production accounts

Walter Diewert and Kevin Fox

Journal of Productivity Analysis, 2024, vol. 62, issue 3, No 9, 379-393

Abstract: Abstract Definitions of output and input are key to studies of productivity analysis, as they are to the national accounts of countries. This paper systematically reviews alternative definitions at production unit and aggregate levels, illustrating the different perspectives that they provide on production and income, and making the case for their use in understanding different aspects of firm and country economic performance.

Keywords: Production; Income; System of National Accounts; Productivity; Capital; Accounting Theory (search for similar items in EconPapers)
JEL-codes: D24 E01 E23 (search for similar items in EconPapers)
Date: 2024
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Working Paper: Alternative Output, Input and Income Concepts for the Production Accounts (2022)
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DOI: 10.1007/s11123-023-00701-3

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