How price indexes affect BLS productivity measures (ABSTRACT), Monthly Labor Review Online, Feb. 1999

How price indexes affect BLS productivity measures

Lucy P. Eldridge
Economist in the Office of Productivity and Technology

Price indexes play a significant role in measuring real output and productivity; thus, potential bias in price indexes, as well as a lack of price indexes, can impact the accuracy of productivity measures. This article attempts to add to these discussions by examining the relationship between price indexes and productivity statistics, gauging the relative importance of each of the various indexes used.

Read excerpt Download full article in PDF (112K)

Possible measurement bias in aggregate productivity growth.—Feb. 1999.

Within Monthly Labor Review Online:
Welcome | Current Issue | Index | Subscribe | Archives

Exit Monthly Labor Review Online:
BLS Home | Publications & Research Papers