Alternative Output, Input and Income Concepts for the Production Accounts

Walter Diewert and Kevin Fox

No 2022-05, Discussion Papers from School of Economics, The University of New South Wales

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. Classification JEL: D24, E01, E23

Keywords: Production; Income; System of National Accounts; Productivity; Capital (search for similar items in EconPapers)
Pages: 29 pages
Date: 2022-10
New Economics Papers: this item is included in nep-eff
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Citations: View citations in EconPapers (1)

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Journal Article: Alternative output, input and income concepts for the production accounts (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:swe:wpaper:2022-05

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