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Does deflation method matter for productivity measures?

Garau, Giorgio and Lecca, Patrizio and Schirru, Lucia (2009) Does deflation method matter for productivity measures? Cagliari, CRENoS-CUEC. p. 19 (Working Papers CRENoS, 2009, 1). ISBN 978-88-8467-504-0. Working Paper.

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In this paper, we argue against the use the double deflation method to produce an equilibrating system of account at a constant price. In fact, by relaxing such a condition, by means of the single deflation method, we obtain a measure of purchasing power transfer that can be decomposed in productivity and market distortion. Results are presented for the evolution of the Italian economy for the periods 1995-2002.

Item Type:Working Paper
ID Code:2956
Uncontrolled Keywords:National account, prices index, total factor productivity, input output
Subjects:Area 13 - Scienze economiche e statistiche > SECS-S/03 Statistica economica
Divisions:002 Altri enti e centri di ricerca del Nord Sardegna > CRENoS-Centro Ricerche Economiche Nord Sud, Università di Cagliari e Università di Sassari
001 Università di Sassari > 01 Dipartimenti > Economia, impresa, regolamentazione
Copyright Holders:© CUEC 2009
Publisher Policy:Depositato per gentile concessione del CRENoS e di CUEC
Deposited On:11 Sep 2009 12:55

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