Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/205545 
Year of Publication: 
2004
Series/Report no.: 
New Zealand Treasury Working Paper No. 04/05
Publisher: 
New Zealand Government, The Treasury, Wellington
Abstract: 
This paper provides an introduction to productivity measurement using index number techniques. Attention is given to the construction of productivity series using common index number formulae, the economic and axiomatic approaches to selecting an index number formula, and the use of chaining. Special attention is also given to measuring physical capital inputs and quality adjusted labour inputs. Numerical examples are used throughout the paper to illustrate the analysis.
Subjects: 
Productivity measurement
index numbers
capital
quality-adjusted labour inputs
JEL: 
C43
D24
E23
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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