AN INPUT-OUTPUT APPROACH TO THE MEASUREMENT OF PRODUCTIVITY DIFFERENCES

Antonio Villar

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

Abstract: This paper deals with the measurement of efficiency differences among countries within a federation. The key tool is the use of a suitable interpretation of the non-substitution theorem in order to get a natural technological standard. Two alternative indices are proposed. One provides a structural productivity measure, independent of consumption and prices. The other consists of a price index associated with the equilibrium aggregate demand.

Keywords: Input-Output Analysis; Nonsubstitution Theorem; Measurement of Productivity (search for similar items in EconPapers)
Pages: 16 pages
Date: 2001-12
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:2001-32

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