Measuring Productivity in the System of National Accounts

Walter Diewert

Economics working papers from Vancouver School of Economics

Abstract: The paper reviews some of the measurement problems that are associated with measuring sectoral Total Factor Productivity growth rates. The paper notes that the production accounts in the present System of National Accounts (SNA) need to be extended somewhat in order to be suitable as a data base for measuring sectoral productivity growth rates. In particular, the treatment of exports, imports and indirect taxes is not completely adequate for productivity measurement purposes in the present SNA. Finally, the paper considers some of the problems that are associated with the measurement of banking sector outputs and the System of National Accounts FISIM (Financial Intermediation Services Indirectly Measured) imputations.

Keywords: Total factor productivity growth; production accounts; System of National Accounts; exports and imports in the input output accounts; the measurement (search for similar items in EconPapers)
JEL-codes: C43 C67 C82 D24 D57 D92 E22 F11 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2007-11-16, Revised 2007-11-16
New Economics Papers: this item is included in nep-eff and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:ubc:bricol:diewert-07-11-16-12-39-23

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