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SSRN Electronic Journal
Article . 2010 . Peer-reviewed
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Where is the Primal Total Factor Productivity Index?

Authors: Antonio Peyrache;

Where is the Primal Total Factor Productivity Index?

Abstract

A primal index of productivity change is introduced which decomposes exactly in three components: technical change, technical efficiency change and average scale economies (radial scale change). The proposed index is invariant to movement along indifference surfaces and it collapses to the Malmquist index if the technology is locally constant returns to scale. It is the best linear approximation of the Orea (2002) translog productivity index (primal growth accounting). The existing proposals for the primal productivity index are discussed in detail. An empirical illustration on real data is provided to show the magnitude of the residuals associated to the lack of indifference surface invariance for these indexes.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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