Abstract
Productivity is probably one of the most common, and at the same time one of the vaguest concepts in the linguistics of Business and Management. Like the concept of quality, we think we know it intuitively, yet we soon discover that numerous difficulties are inherent in the precise conceptual definition of productivity, let alone its empirical measurement. The objective of this chapter is to review the relative merits of some of the most widely used measures of total factor productivity.
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© 1984 Kluwer Nijhoff Publishing
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Sudit, E.F. (1984). The Productivity Concept: Definition, Measurement and Managerial Importance. In: Productivity Based Management. Studies in Productivity Analysis, vol 5. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-9667-3_1
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DOI: https://doi.org/10.1007/978-94-011-9667-3_1
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-011-9669-7
Online ISBN: 978-94-011-9667-3
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