An input-output approach to the measurement of productivity differences
Año de publicación: 2001
Número: 32
Tipo: Documento de Trabajo
Resumen
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.