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Measuring Productivity in the System of National Accounts

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Author Info
Diewert, Erwin

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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.

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File URL: http://microeconomics.ca/erwin_diewert/sna.pdf
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Publisher Info
Paper provided by UBC Department of Economics in its series UBC Departmental Archives with number diewert-07-11-16-12-39-23.

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Length: 28 pages
Date of creation: 16 Nov 2007
Date of revision: 16 Nov 2007
Handle: RePEc:ubc:bricol:diewert-07-11-16-12-39-23

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Related research
Keywords: Total factor productivity growth; production accounts; System of National Accounts; exports and imports in the input output accounts; the measurement;

Find related papers by JEL classification:
C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
C67 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Input-Output Models
C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
D92 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Firm Choice and Growth, Investment, or Financing
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
F11 - International Economics - - Trade - - - Neoclassical Models of Trade

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  1. Robert Inklaar & Marcel P. Timmer & Bart van Ark, 2008. "Data for Productivity Measurement in Market Services: An International Comparison," International Productivity Monitor, Centre for the Study of Living Standards, vol. 16, pages 72-81, Spring. [Downloadable!]
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This page was last updated on 2009-11-27.

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