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Productivity Analysis: Roots, Foundations, Trends and Perspectives

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  • Valentin Zelenyuk

    (School of Economics and Centre for Efficiency and Productivity Analysis (CEPA) at The University of Queensland, Australia)

Abstract

The goal of this article is to give a brief overview of productivity analysis, starting with general concepts, its importance and a brief historical excursion and then focusing on various productivity indexes. We also start from very simple productivity indexes to more sophisticated, such as Malmquist Productivity Indexes, which are among the most popular in academic literature these days. A special attention is on the contributions to this literature from Rolf Färe and Shawna Grosskopf (and their many co-authors), and some of the related works they have inspired. A brief discussion of likely perspectives for the area is also provided.

Suggested Citation

  • Valentin Zelenyuk, 2023. "Productivity Analysis: Roots, Foundations, Trends and Perspectives," CEPA Working Papers Series WP062023, School of Economics, University of Queensland, Australia.
    • Handle: RePEc:qld:uqcepa:188
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    More about this item

    Keywords

    Productivity Analysis; Efficiency; Malmquist; Indexes; Growth Accounting;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate 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

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