مشروع
Productivity Multifactor productivity OECD Data
Multifactor productivity MFP reflects the overall efficiency with which labour and capital inputs are used together in the production process Changes in MFP reflect the effects of changes in management practices brand names organizational change general knowledge network effects spillovers from production factors
Total Factor Productivity HBS People Space
Total Factor Productivity TFP is the portion of output not explained by the amount of inputs used in production As such its level is determined by how efficiently and intensely the inputs are utilized in production TFP growth is usually measured by the Solow residual Let gY denote the growth rate of aggregate output gK
What is total factor productivity FTP definition and meaning
Definition of total factor productivity FTP Measure of the efficiency of all inputs to a production process Increases in FTP result usually from technological innovations or improvements
