Table 3 Multifactor Productivity in Trucking
Thursday, December 22, 2011
Table 3 Multifactor Productivity in Trucking
(Tornqvist methodology, without land input)
| Year | Indexes (2000=100) | Growth | ||
|---|---|---|---|---|
| Gross Output - Chain-Type
Quantity Index '(1) |
Combined Inputs Index '(2) |
Multifactor Productivity Index '(3) |
MFP growth (percentage rate
of change) '(4) |
|
| 1987 | 48.704 | 56.623 | 86.01 | |
| 1988 | 54.737 | 58.610 | 93.39 | 8.6 |
| 1989 | 57.379 | 60.812 | 94.35 | 1.0 |
| 1990 | 60.676 | 63.663 | 95.31 | 1.0 |
| 1991 | 61.887 | 62.338 | 99.28 | 4.2 |
| 1992 | 67.012 | 64.977 | 103.13 | 3.9 |
| 1993 | 69.712 | 67.113 | 103.87 | 0.7 |
| 1994 | 76.230 | 73.040 | 104.37 | 0.5 |
| 1995 | 78.289 | 76.714 | 102.05 | -2.2 |
| 1996 | 82.536 | 80.714 | 102.26 | 0.2 |
| 1997 | 86.318 | 84.544 | 102.10 | -0.2 |
| 1998 | 92.626 | 91.045 | 101.74 | -0.4 |
| 1999 | 97.515 | 97.002 | 100.53 | -1.2 |
| 2000 | 100.000 | 100.000 | 100.00 | -0.5 |
| 2001 | 93.829 | 96.172 | 97.56 | -2.4 |
| 2002 | 92.202 | 93.159 | 98.97 | 1.4 |
| 2003 | 86.711 | 86.993 | 99.68 | 0.7 |
Sources: BEA internet site. For data on gross output, intermediate inputs, and labor: Annual Industry Accounts: http://www.bea.doc.gov/bea/dn2/gdpbyind_data.htm. For data on fixed assets: National\Fixed Assets\All Fixed Asset Tables\Section 3- Private Fixed Assets by Industry: Table 3.2ES and Table 3.1ES. http://www.bea.doc/bea/dn/FA2004/SelectTable.asp.