Multifactor productivity in railroad transportation (ABSTRACT), Monthly Labor Review Online, Aug. 1992

Multifactor productivity in railroad transportation

John Duke
Economist, Office of Productivity and Technology, Bureau of Labor Statistics

Diane Litz and Lisa Usher
Economists, formerly with the Office of Productivity and Technology, Bureau of Labor Statistics

Multifactor productivity growth in this industry averaged 3.5 percent per year between 1958 and 1989. Consolidation of railroads into larger systems, particularly in the 1980's, generated operational efficiencies that, with technological changes, boosted productivity. This article introduces the multifactor productivity measure for railroad transportation.

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