Adjusting Productivity for Pollution in Selected Asian Economies:
Multifactor productivity (MFP) is increasingly used in economic policy, not least to compute potential output. Most measures are based on a standard production function combining labour and capital, but do not incorporate the negative by-products of the production process such as air pollution that...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2014
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Schriftenreihe: | OECD Green Growth Papers
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Online-Zugang: | Volltext |
Zusammenfassung: | Multifactor productivity (MFP) is increasingly used in economic policy, not least to compute potential output. Most measures are based on a standard production function combining labour and capital, but do not incorporate the negative by-products of the production process such as air pollution that could have deleterious effect on health and productivity in the medium to long term (see for instance OECD (2014)). The failure to account for the costs of environmental damages and the benefits associated with emission reduction impart a bias to standard measures of MFP. Ignoring these dimensions can give a misleading idea of growth prospects over the medium to long term... |
Beschreibung: | 1 Online-Ressource (28 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5jxvd5rq5lzv-en |
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Datensatz im Suchindex
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author | Dang, Thai-Thanh |
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language | English |
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physical | 1 Online-Ressource (28 Seiten) 21 x 29.7cm |
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spelling | Dang, Thai-Thanh Verfasser aut Adjusting Productivity for Pollution in Selected Asian Economies Thai-Thanh Dang and Annabelle Mourougane Paris OECD Publishing 2014 1 Online-Ressource (28 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Green Growth Papers Multifactor productivity (MFP) is increasingly used in economic policy, not least to compute potential output. Most measures are based on a standard production function combining labour and capital, but do not incorporate the negative by-products of the production process such as air pollution that could have deleterious effect on health and productivity in the medium to long term (see for instance OECD (2014)). The failure to account for the costs of environmental damages and the benefits associated with emission reduction impart a bias to standard measures of MFP. Ignoring these dimensions can give a misleading idea of growth prospects over the medium to long term... Environment Mourougane, Annabelle ctb https://doi.org/10.1787/5jxvd5rq5lzv-en Verlag kostenfrei Volltext |
spellingShingle | Dang, Thai-Thanh Adjusting Productivity for Pollution in Selected Asian Economies Environment |
title | Adjusting Productivity for Pollution in Selected Asian Economies |
title_auth | Adjusting Productivity for Pollution in Selected Asian Economies |
title_exact_search | Adjusting Productivity for Pollution in Selected Asian Economies |
title_exact_search_txtP | Adjusting Productivity for Pollution in Selected Asian Economies |
title_full | Adjusting Productivity for Pollution in Selected Asian Economies Thai-Thanh Dang and Annabelle Mourougane |
title_fullStr | Adjusting Productivity for Pollution in Selected Asian Economies Thai-Thanh Dang and Annabelle Mourougane |
title_full_unstemmed | Adjusting Productivity for Pollution in Selected Asian Economies Thai-Thanh Dang and Annabelle Mourougane |
title_short | Adjusting Productivity for Pollution in Selected Asian Economies |
title_sort | adjusting productivity for pollution in selected asian economies |
topic | Environment |
topic_facet | Environment |
url | https://doi.org/10.1787/5jxvd5rq5lzv-en |
work_keys_str_mv | AT dangthaithanh adjustingproductivityforpollutioninselectedasianeconomies AT mourouganeannabelle adjustingproductivityforpollutioninselectedasianeconomies |