Productivity Measurement for a Distribution Firm

Walter Diewert and Ann Marie Smith

No 4812, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: The paper derives a consistent accounting framework for the treatment of inventories when measuring the productivity of a distribution firm. The average purchase price of an inventory item during an accounting period must be distinguished from its average selling price and these two average prices should be distinguished from the corresponding balance sheet prices. The accounting framework is implemented for a distribution firm which sold 76,000 separate items. The firm achieved a 9.6 percent per quarter total factor productivity growth rate over 6 quarters.

JEL-codes: C43 C81 (search for similar items in EconPapers)
Date: 1994-07
Note: PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Forthcoming: Journal of Productivity Analysis, 1995

Downloads: (external link)
http://www.nber.org/papers/w4812.pdf (application/pdf)

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:nbr:nberwo:4812

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w4812

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().