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Measuring Productivity

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Author Info
Massimo Del Gatto ()
Adriana Di Liberto ()
C. Petraglia

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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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Paper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 200818.

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Date of creation: 2008
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Handle: RePEc:cns:cnscwp:200818

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Keywords: productivity measurement; TFP; Solow residual; endogeneity; simultaneity; selection bias; Stochastic Frontier Analysis; DEA; Growth accounting; GMM; Olley;

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