An Input-output Approach to the Measurement of Productivity Differences*
نویسنده
چکیده
This paper deals with the measurement of e¢ciency di¤erences 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.
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