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Capital Input Cost

In: Productivity

Author

Listed:
  • Bert M. Balk

    (Rotterdam School of Management)

Abstract

Unlike labour productivity change, the measurement of total factor productivity change (or difference) crucially depends on the measurement and decomposition of capital input cost. This chapter discusses in detail the basics of its measurement and shows that one can dispense with the usual neo-classical assumptions. Various models are reviewed, as well as the role played by the ‘rate of return’.

Suggested Citation

  • Bert M. Balk, 2021. "Capital Input Cost," Contributions to Economics, in: Productivity, chapter 0, pages 65-92, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-75448-8_3
    DOI: 10.1007/978-3-030-75448-8_3
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