Chapter 11.
Industry Productivity Measures
Technical
References
Bureau of Labor
Statistics
Duke, John; Litz, Diane; and Usher,
Lisa. "Multifactor productivity in railroad
transportation," Monthly Labor Review,
August 1992.
Presents the indexes of multifactor
productivity for railroad transportation, the first
nonmanufacturing industry for which this measure was
published by BLS. The multifactor productivity
measure relates output to the combined inputs of
labor, capital, and intermediate purchases
Kunze, Kent; Jablonski, Mary; and
Klarquist, Virginia. "BLS
Modernizes Industry Labor Productivity
Program," Monthly Labor Review,
July 1995.
Describes a newly adopted method
for constructing the output measures associated with
industry labor productivity statistics generated by
the Bureau of Labor Statistics.
Kutscher, Ronald E. and Mark, Jerome A.
"The Service Producing Sector: Some Common
Perceptions Reviewed," Monthly Labor Review,
April 1983.
Compares the growth in output per
hour in the service-producing industries to the
goods-producing industries. Also examines the level
of capital intensity in each sector and the
underlying employment shifts between the two sectors.
Sherwood, Mark. "Multifactor
Productivity in the Steel and Motor Vehicles
Industries," Monthly Labor Review, August
1987.
Describes the methodology and
results for the first two industry multifactor
productivity measures published by BLS. Explains the
relationship of multifactor productivity to labor
productivity and discusses underlying trends in
output and inputs of labor, capital, and intermediate
purchases.
U.S. Department of Labor, Bureau of
Labor Statistics. Trends in Multifactor
Productivity. Bulletin 2178, September 1983.
Describes methodology of
multifactor productivity for major sectors of the
U.S. economy and presents results.
Other publications
Caves, Douglas W., Christensen, Laurits
R., and Diewert, W. Erwin. "The Economic Theory of
Index Numbers and the Measurement of Input,
Output, and Productivity," Econometrica, Vol.
50, No. 6, November 1982.
Discusses the Tornqvist index in
the context of productivity measurement. Concludes
that the index has superior properties for measuring
the structure of production in addition to its being
exact for the translog functional form.
Dean, Edwin R. and Kunze, Kent.
"Productivity Measurement in Service
Industries," Conference on Output Measurement in the
Service Sector, May 1990.
Describes the method for the
construction of industry productivity measures in the
service sector. Compares BLS industry output measures
with industry output measures developed by the Bureau
of Economic Analysis for service sector industries.
Jorgenson, Dale, W., "Productivity
and Economic Growth," in Fifty Years of Economic
Measurement: The Jubilee of the Conference on Research in
Income and Wealth, Ernst R.Berndt and Jack E.
Triplett, Editors. University of Chicago Press, 1990,
pp.19-118.
Discusses the derivation of
sectoral output, input, and productivity measures and
presents results for industries in the United States.
Also discusses sources of growth.
Kendrick, John W. and Vaccara, Beatrice
N., eds. New Developments in
Productivity Measurement and Analysis, Studies in
Income and Wealth, Vol. 44. Chicago, The University of
Chicago Press, 1980.
Collection of papers on such
subjects as labor and multifactor productivity by
industry; productivity in selected
service sectors; and international comparisons
of productivity. Includes a study
of high and low productivity establishments;
current efforts to measure productivity in the public
sector; effects of research and development on
industry productivity growth; and energy and
pollution effects on productivity and international
comparisons of economic growth.
National Academy of
Sciences. Measurement and
Interpretation of Productivity, Washington, DC,
1979.
Collection of papers on such topics
as the concepts and measurement of productivity; the
limitations of productivity statistics; the
measurement of outputs and inputs; the sources of
economic growth; measures of company productivity;
and international comparisons of productivity.
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