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Article: Multifactor productivity trends in manufacturing industries, 1987-96.(Statistical Data Included)
- Article from:
- Monthly Labor Review
- Article date:
- June 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Over the 1987-96 period, multifactor productivity--measured as output per unit of combined inputs--increased in manufacturing as a whole and in most of the 108 published three-digit industries within manufacturing; within the three-digit industries, however, there was wide dispersion in the growth rates
Labor productivity, the most widely used measure of productivity, can grow as a result of increases in the quantities of capital services and intermediate inputs used in production and as a result of other factors. In order to provide an alternative picture of productivity change focusing on these other factors--such as economies of scale, changes in ...