Consistency Issues in the Construction of Annual and Quarterly Productivity Indices

Autor: Bert M. Balks
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: International Productivity Monitor, Iss 37, Pp 144-155 (2019)
Druh dokumentu: article
ISSN: 1492-9759
1492-9767
Popis: Productivity change is generally measured in index form as ratio of output quantity index over input quantity index. Several statistical agencies publish quarterly as well as annual productivity indices, constructed from what appear to be basically the same sources. This raises the question whether, apart from measurement errors, consistency between quarterly and annual indices can be expected. This article explores, from a theoretical perspective, the options for obtaining consistency between annual and quarterly (or more general: between period and sub-period) measures of productivity change.
Databáze: Directory of Open Access Journals