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An Input-Output Approach To The Measurement Of Productivity Differences

Author

Listed:
  • Antonio Villar Notario

    (Instituto Valenciano de Investigaciones Económicas)

Abstract

This paper deals with the measurement of efficiency differences among countries within a federation. The key tool is the use of a suitable interpretation of the non-substitution theorem in order to get a natural technological standard. Two alternative indices are proposed. One provides a structural productivity measure, independent of consumption and prices. The other consists of a price index associated with the equilibrium aggregate demand.

Suggested Citation

  • Antonio Villar Notario, 2001. "An Input-Output Approach To The Measurement Of Productivity Differences," Working Papers. Serie AD 2001-32, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasad:2001-32
    as

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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-2001-32.pdf
    File Function: Fisrt version / Primera version, 2001
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    References listed on IDEAS

    as
    1. Peris, Josep E & Villar, Antonio, 1993. "Linear Joint-Production Models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(4), pages 735-742, October.
    2. Manning, R., 1981. "A nonsubstitution theorem with many primary factors," Journal of Economic Theory, Elsevier, vol. 25(3), pages 442-449, December.
    3. Herrero, Carmen & Villar, Antonio, 1988. "A characterization of economies with the non-substitution property," Economics Letters, Elsevier, vol. 26(2), pages 147-152.
    4. Johansen, Leif, 1972. "Simple and general nonsubstitution theorems for input-output models," Journal of Economic Theory, Elsevier, vol. 5(3), pages 383-394, December.
    5. Donald A. Walker (ed.), 2000. "Equilibrium," Books, Edward Elgar Publishing, volume 0, number 1585.
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