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Measures of Productivity Change

  • Christopher J. O’DonnellEmail author
Chapter

Abstract

In this book, measures of productivity change are defined as measures of output quantity change divided by measures of input quantity change. Computing measures of output and input quantity change involves assigning numbers to baskets of outputs and inputs. The most distinguishing feature of this book is that it computes index numbers that are consistent with measurement theory. So please add the following to the end of this paragraph: Measurement theory says that so-called index numbers must be assigned in such a way that the relationships between the numbers mirror the relationships between the baskets. This chapter explains how to compute output and input quantity index numbers (and therefore productivity index numbers) that are consistent with measurement theory.

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© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.University of QueenslandBrisbaneAustralia

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