(163) Output-Productivity and Value Added Productivity الانتاج - الانتاجية وانتاجية القيمة المضافة
The study discusses the measurement of sectoral production through two types of indices: output-index and real value-added index. The output-index is based on physical outputs produced within a given time period, with fixed prices used as weights. On the other hand, the value-added index considers t...
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| Natura: | Libro |
| Lingua: | inglese |
| Pubblicazione: |
INP
2018
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| Soggetti: | |
| Accesso online: | http://repository.inp.edu.eg/handle/123456789/3858 |
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| Riassunto: | The study discusses the measurement of sectoral production through two types of indices: output-index and real value-added index. The output-index is based on physical outputs produced within a given time period, with fixed prices used as weights. On the other hand, the value-added index considers the physical outputs, deducting the inputs used during the production process, also with fixed prices as weights. These two types of indices lead to two different productivity measures: output-productivity and value-added productivity. Both of these concepts allow for the calculation of average and marginal productivity. In practice, both output and value-added indices are used, though the value-added index, often referred to as net production, tends to be preferred. In the context of constant prices, the value-added index is commonly used for estimating productivity |
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