Total factor productivity and relative prices: the case of Italy
In his seminal work, Fontela (1989) set up the distributional rule of productivity gain in the input–output context (total factor productivity surplus, TFPS). Garau (1996) proposed an extension, to identify a measure of surplus, called purchasing power transfer (PPT). This measure is given by the pr...
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| Format: | Article |
| Language: | English |
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AIMS Press
2022-01-01
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| Series: | National Accounting Review |
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| Online Access: | https://www.aimspress.com/article/doi/10.3934/NAR.2022002?viewType=HTML |