Tests of Total Factor Productivity Measurement

Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests to determine whether total factor productivity is m...

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Bibliographic Details
Main Author: Englander, A. Steven
Format: eBook
Language:English
Published: Paris OECD Publishing 1988
Series:OECD Economics Department Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests to determine whether total factor productivity is measured correctly. A similar approach can be used for other economic data ..
Physical Description:50 p. 21 x 29.7cm