Measuring total productivity using production functions

Measuring total productivity using production functions

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Article ID: iaor199190
Country: United Kingdom
Volume: 28
Issue: 8
Start Page Number: 1435
End Page Number: 1446
Publication Date: Aug 1990
Journal: International Journal of Production Research
Authors: ,
Abstract:

This paper examines the role of the Frontier and Cobb-Douglas production function in the measurement of company level productivity. The productivity of a typical British batch production company is measured using the production function concept. This approach utilizes the engineering concept of efficiency and this represents a major departure from the conventional measurement of company level productivity.

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