IDEAS home Printed from https://ideas.repec.org/a/sls/ipmsls/v31y20168.html
   My bibliography  Save this article

Partial versus Total Factor Productivity Measures: An Assessment of their Strengths and Weaknesses

Author

Listed:
  • Alexander Murray

Abstract

A partial productivity measure relates output to a single input. Total factor productivity (or TFP) relates an index of output to a composite index of all inputs. This article reviews the strengths and weaknesses of each type of productivity measure from theoretical and methodological perspectives. Different productivity measures may be useful for different analytical purposes, and no single measure provides a complete picture of an industry's productivity performance. We argue for a balanced, context-appropriate approach to productivity analysis that incorporates both productivity measures.

Suggested Citation

  • Alexander Murray, 2016. "Partial versus Total Factor Productivity Measures: An Assessment of their Strengths and Weaknesses," International Productivity Monitor, Centre for the Study of Living Standards, vol. 31, pages 113-126, Fall.
    • Handle: RePEc:sls:ipmsls:v:31:y:2016:8
    as

    Download full text from publisher

    File URL: http://www.csls.ca/ipm/31/murray.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jacob Greenspon & Erika Rodigues, 2017. "Are Trends in Patenting Reflective of Innovative Activity in Canada?," CSLS Research Reports 2017-02, Centre for the Study of Living Standards.
    2. Tsepeso Setoboli & Nothando Tshuma & Emmanuel Sibanda, 2024. "Improving Agricultural Efficiency in Zimbabwe: A Labor Productivity Analysis," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(3), pages 2193-2208, March.
    3. Matthew Calver and Alexander Murray, 2016. "Decomposing Multifactor Productivity Growth in Canada by Industry and Province, 1997-2014," CSLS Research Reports 2016-19, Centre for the Study of Living Standards.
    4. Vu, Khuong & Hartley, Kris, 2022. "Sources of transport sector labor productivity performance in industrialized countries: Insights from a decomposition analysis," Transport Policy, Elsevier, vol. 129(C), pages 204-218.
    5. Lukáš Čechura & Zdeňka Žáková Kroupová & Antonella Samoggia, 2021. "Drivers of Productivity Change in the Italian Tomato Food Value Chain," Agriculture, MDPI, vol. 11(10), pages 1-17, October.
    6. Sahil Bhatia & S. P. Singh, 2024. "Assessing Groundwater Use Efficiency and Productivity across Punjab Agriculture: District and Farm Size Perspectives," Agriculture, MDPI, vol. 14(8), pages 1-24, August.
    7. Mehmet Cahit GÜRAN & Emine AYRANCI, 2019. "Efficiency Changes in Higher Education in OECD Countries: Implementation of Malmquist Total Factor Productivity Index for 2000 and 2012 PeriodAbstract: This study analyzes the total factor productivit," Sosyoekonomi Journal, Sosyoekonomi Society, issue 27(41).
    8. Alexander Murray, 2017. "What Explains the Post-2004 U.S.Productivity Slowdown?," CSLS Research Reports 2017-05, Centre for the Study of Living Standards.

    More about this item

    Keywords

    Productivity; Total Factor Productivity; Multifactor Productivity; Labour Productivity; Natural Resources; Measurement; Canada; Agriculture;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sls:ipmsls:v:31:y:2016:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CSLS (email available below). General contact details of provider: https://edirc.repec.org/data/cslssca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.