Towards the measurement of total factor productivity index
Bibliographic Data
| ID | 7973398 |
|---|---|
| Authors | Jakub Fischer (0000-0003-4658-1974, Prague University of Economics and Business), Jaroslav Sixta (0000-0002-4629-4679, Prague University of Economics and Business) |
| Year | 2009 |
| Volume | 57 |
| Issue | 4 |
| Pages | 544-554 |
| Publication date | 2009-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Politická ekonomie (JOURNAL) |
| Journal identifiers | ISSN: 0032-3233 • E-ISSN: 2336-8225 |
| Publisher | Prague University of Economics and Business (PUBLISHER • CZ) |
| DOI | 10.18267/j.polek.698 |
| OpenAlex | W2334180268 |
| Language | EN |
| Citations received | 9 |
| References cited | 3 |
The paper is focused on the disputation with Mojmir Hajek on the field of the measurement of the total factor productivity index. We point out the interpretation obstacles connected to this measurement and its results at a level of the whole economy as well as of its industries. We also refer to the sensitivity of the analysis on the methodology used and bring up the alternative computations based on the methodology recommended by ESA 95 standard. Comparing these alternative approaches, it is obvious that the analysis is sensitive both on the later data revisions and on the indicators of input as well. In this case, the differences on the average annual growth of the total factor productivity can reach almost four percentage points. We also point out the difficulty of the contribution analysis of growth while chain-linked data are used
Algorithm · Computation · Econometrics · Economics · Index (typography) · Macroeconomics · Point (geometry) · Productivity · Sensitivity (control systems) · Statistics · Total factor productivity · Computer Science · Economic and Technological Innovation · Economic Growth and Productivity · Engineering · Global Trade and Competitiveness · Mathematics
Changes in the Measuring of Economy and Its Impact on Productivity Estimation
Contribution to the Earlier Estimations of Quarterly National Accounts
Alternative Methods for Measuring of Fixed Capital
Unemployment Cost Estimate from Public Budgets Perspective
Systems Approach to Concept of Flexicurity
The Influence of Information and Communication Technologies on Labour Productivity and Total Factor Productivity in the Czech Republic
Money and Inflation
Total Factor Productivity Measurement Based on Labour and Capital Services
Reflection of Economic Development of Selected Countries in the Structure of Final Consumption Expenditure
| Unique citing works | 9 |
|---|---|
| Citations per year | 0.6 |
| Citation span | 2011 - 2019 (9) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 9 |