Consistency Issues in the Construction of Annual and Quarterly Productivity Indices
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,...
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| Format: | Article |
| Language: | English |
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Centre for the Study of Living Standards
2019-09-01
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| Series: | International Productivity Monitor |
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| Online Access: | http://www.csls.ca/ipm/37/Balk.pdf |
| _version_ | 1811267928117477376 |
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| author | Bert M. Balks |
| author_facet | Bert M. Balks |
| author_sort | Bert M. Balks |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-04-12T21:11:36Z |
| format | Article |
| id | doaj.art-77528a55a1db496f8226db8d55f756cf |
| institution | Directory Open Access Journal |
| issn | 1492-9759 1492-9767 |
| language | English |
| last_indexed | 2024-04-12T21:11:36Z |
| publishDate | 2019-09-01 |
| publisher | Centre for the Study of Living Standards |
| record_format | Article |
| series | International Productivity Monitor |
| spelling | doaj.art-77528a55a1db496f8226db8d55f756cf2022-12-22T03:16:34ZengCentre for the Study of Living StandardsInternational Productivity Monitor1492-97591492-97672019-09-0137144155Consistency Issues in the Construction of Annual and Quarterly Productivity IndicesBert M. Balks0Erasmus UniversityProductivity 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.http://www.csls.ca/ipm/37/Balk.pdflabour productivityproductivity indices |
| spellingShingle | Bert M. Balks Consistency Issues in the Construction of Annual and Quarterly Productivity Indices International Productivity Monitor labour productivity productivity indices |
| title | Consistency Issues in the Construction of Annual and Quarterly Productivity Indices |
| title_full | Consistency Issues in the Construction of Annual and Quarterly Productivity Indices |
| title_fullStr | Consistency Issues in the Construction of Annual and Quarterly Productivity Indices |
| title_full_unstemmed | Consistency Issues in the Construction of Annual and Quarterly Productivity Indices |
| title_short | Consistency Issues in the Construction of Annual and Quarterly Productivity Indices |
| title_sort | consistency issues in the construction of annual and quarterly productivity indices |
| topic | labour productivity productivity indices |
| url | http://www.csls.ca/ipm/37/Balk.pdf |
| work_keys_str_mv | AT bertmbalks consistencyissuesintheconstructionofannualandquarterlyproductivityindices |