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Various Approaches to the Aggregation of Economic Productivity Indices
Author(s) -
Balk Bert M.
Publication year - 2016
Publication title -
pacific economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.34
H-Index - 33
eISSN - 1468-0106
pISSN - 1361-374X
DOI - 10.1111/1468-0106.12192
Subject(s) - productivity , economics , simple (philosophy) , context (archaeology) , mathematical economics , econometrics , macroeconomics , geography , epistemology , philosophy , archaeology
This paper discusses the aggregation of economic productivity indices, in particular Caves, Christensen and Diewert and Moorsteen–Bjurek indices. As part of the theory, some proposals developed in a number of recent papers (co‐) authored by Valentin Zelenyuk are put into context. Alternatives are offered which at the same time show that meaningful aggregation is not so simple.