1984
DOI: 10.1287/inte.14.3.29
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Productivity Measurement at the Firm Level

Abstract: This paper presents a general introduction to productivity measurement at the micro level. First, the concept of productivity is discussed and a mathematical definition is introduced. Next, various issues on productivity measurement, including index numbers, classification of inputs and outputs, and knowledge workers, are extensively discussed.

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Cited by 20 publications
(6 citation statements)
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“…For these industries, direct contact with customers and suppliers might also be more important than it is for other sectors. These results are in line with those of earlier studies on agglomeration elasticities that are based on firm data (10,18). For the manufacturing sector, earlier studies found an elasticity of 0.024, while for construction an elasticity of 0.03 was estimated.…”
Section: Productivity and Agglomerationsupporting
confidence: 92%
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“…For these industries, direct contact with customers and suppliers might also be more important than it is for other sectors. These results are in line with those of earlier studies on agglomeration elasticities that are based on firm data (10,18). For the manufacturing sector, earlier studies found an elasticity of 0.024, while for construction an elasticity of 0.03 was estimated.…”
Section: Productivity and Agglomerationsupporting
confidence: 92%
“…Companies in the transport sector (transport of goods and persons), hospitality, and business sectors seem to benefit from a higher employment density, and agglomeration benefits seem to accrue. These findings are supported by elasticities from the service sector (18,27). Higher employment density might also mean more potential customers.…”
Section: Productivity and Agglomerationmentioning
confidence: 73%
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“…A decline in productivity can lead to slow economic growth and high inflation. On the other hand, improved productivity can lead to a higher rate of economic growth and higher living standards for a nation [1]. At an organizational level, productivity measures how well an organization converts input resources (labor, materials, machines, etc.)…”
Section: Introductionmentioning
confidence: 99%
“…It is used as a measurement for determining the efficiency of a production process. Its calculation varies depending on how the outputs and inputs are defined [ 17 , 18 ]. Tolentino [ 19 ] indicated that productivity should be measured differently, mainly due to the nature of the output, as some measurements are principally dependent on consumer preference and utility, which has an unclear countable output [ 20 ].…”
Section: Relevant Studies: Defining Productivity and Its Determinantsmentioning
confidence: 99%