Environmentally adjusted multifactor productivity: Accounting for renewable natural resources and ecosystem services
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Multifactor productivity is a comprehensive measure of productivity where the underlying production function accounts for multiple factor inputs, traditionally labour and produced capital. While single-factor productivity is intuitively simple, such measure offers a biased picture of the economy because it attributes all variation in output...
