Environmentally adjusted multifactor productivity: Accounting for renewable natural resources and ecosystem services
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 bec...
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2023
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| Schriftenreihe: | OECD Green Growth Papers
no.2023/01 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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 growth to a single factor input (e.g. consumption of fossil fuels or material resources) while the role of other factors is ignored. Multifactor productivity aims at addressing this shortcoming, and as such it is a valuable component of the OECD set of Green Growth headline indicators. This paper presents further progress in measuring the EAMFP and related growth accounting indicators in 52 countries for 1996-2018. An important novelty is the inclusion of renewable natural resources such as land, timber and fisheries, and ecosystem services such as coastal and watershed protection. Exploratory results on accounting for renewable energy resources are also included. |
| Beschreibung: | 1 Online-Ressource (85 p.) 21 x 28cm. |
| DOI: | 10.1787/9096211d-en |
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| indexdate | 2024-07-16T15:06:48Z |
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| spelling | Cárdenas Rodríguez, Miguel VerfasserIn aut Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services Miguel, Cárdenas Rodríguez ... [et al] Paris OECD Publishing 2023 1 Online-Ressource (85 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Green Growth Papers no.2023/01 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 growth to a single factor input (e.g. consumption of fossil fuels or material resources) while the role of other factors is ignored. Multifactor productivity aims at addressing this shortcoming, and as such it is a valuable component of the OECD set of Green Growth headline indicators. This paper presents further progress in measuring the EAMFP and related growth accounting indicators in 52 countries for 1996-2018. An important novelty is the inclusion of renewable natural resources such as land, timber and fisheries, and ecosystem services such as coastal and watershed protection. Exploratory results on accounting for renewable energy resources are also included. Environment Mante, Florian MitwirkendeR ctb Haščič, Ivan MitwirkendeR ctb Rojas Lleras, Adelaida MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/9096211d-en Volltext |
| spellingShingle | Cárdenas Rodríguez, Miguel Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services Environment |
| title | Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services |
| title_auth | Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services |
| title_exact_search | Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services |
| title_full | Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services Miguel, Cárdenas Rodríguez ... [et al] |
| title_fullStr | Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services Miguel, Cárdenas Rodríguez ... [et al] |
| title_full_unstemmed | Environmentally adjusted multifactor productivity Accounting for renewable natural resources and ecosystem services Miguel, Cárdenas Rodríguez ... [et al] |
| title_short | Environmentally adjusted multifactor productivity |
| title_sort | environmentally adjusted multifactor productivity accounting for renewable natural resources and ecosystem services |
| title_sub | Accounting for renewable natural resources and ecosystem services |
| topic | Environment |
| topic_facet | Environment |
| url | https://doi.org/10.1787/9096211d-en |
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