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Measuring Productivity

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  • Massimo Del Gatto
  • Adriana Di Liberto
  • Carmelo Petraglia

Abstract

Quantifying productivity is a conditio sine qua non for empirical analysis in a number of research fields. The identification of the measure that best fits with the specific goals of the analysis, as well as being data-driven, is currently complicated by the fact that an array of methodologies is available. This paper provides economic researchers with an up-to-date overview of issues and relevant solutions associated with this choice. Methods of productivity measurement are surveyed and classified according to three main criteria - i) macro/micro; ii) frontier/non-frontier; iii) deterministic/econometric

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Article provided by Wiley Blackwell in its journal Journal of Economic Surveys.

Volume (Year): 25 (2011)
Issue (Month): 5 (December)
Pages: 952-1008

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Handle: RePEc:bla:jecsur:v:25:y:2011:i:5:p:952-1008

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