In this study, there is an estimation of multifactor
productivity and an assessment of changes in
multifactor productivity (MFP) in the U.S. truck
transportation sub-sector during the 1987-2003
period. The analysis is composed of four sections
besides the Introduction (Section I). Section II contains
a description of the structure and evolution
of the trucking industry, in the U.S., over the period
of analysis. In Section III, there is estimation
of multifactor productivity in truck transportation
during 1987-2003. This estimation is carried out
by two approaches: the basic growth-accounting
method and the Tornqvist index. In Section IV,
there is a comparison of MFP in trucking with
MFP in other transportation subsectors and the
U.S. business sector. Section V presents an analysis
of the factors that affected changes of MFP in
truck transportation over the period of analysis.
Finally, the Conclusions (Section VI) present the
salient points of the estimation and analysis of
MFP in truck transportation.
