OECD Economics Department Working Papers
The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.
- ISSN: 18151973 (online)
- https://doi.org/10.1787/18151973
Tests of Total Factor Productivity Measurement
Although considerable effort has been expended on constructing measures of total factor productivity, there has been little subsequent effort at verifying that the constructed data have the expected properties. This paper proposes a number of tests to determine whether total factor productivity is measured correctly. A similar approach can be used for other economic data ...
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