Table 4 Multifactor Productivity in Trucking
Thursday, December 22, 2011
Table 4 Multifactor Productivity in Trucking
(Tornqvist methodology with land input)
| Year | Indexes (2000=100) | Growth MFP Growth (%) |
Time Period | Growth of MFP (Annual Percentage) | ||
|---|---|---|---|---|---|---|
| Output Index | Combined Input Index | Multifactor Productivity | ||||
| 1987 | 48.70 | 55.8 | 87.29 | |||
| 1988 | 54.74 | 58.2 | 94.00 | 7.69 | ||
| 1989 | 57.38 | 60.4 | 94.96 | 1.02 | ||
| 1990 | 60.68 | 63.3 | 95.83 | 0.92 | ||
| 1991 | 61.89 | 62.0 | 99.81 | 4.15 | ||
| 1992 | 67.01 | 64.7 | 103.63 | 3.83 | s | |
| 1993 | 69.71 | 66.8 | 104.41 | 0.76 | ||
| 1994 | 76.23 | 72.7 | 104.86 | 0.43 | ||
| 1995 | 78.29 | 76.4 | 102.48 | -2.27 | 1987-1995 | 2.0 |
| 1996 | 82.54 | 80.4 | 102.62 | 0.13 | ||
| 1997 | 86.32 | 84.3 | 102.37 | -0.24 | ||
| 1998 | 92.63 | 90.9 | 101.91 | -0.45 | ||
| 1999 | 97.52 | 96.9 | 100.60 | -1.29 | ||
| 2000 | 100.00 | 100.0 | 100.00 | -0.59 | ||
| 2001 | 93.83 | 96.2 | 97.50 | -2.50 | 1995-2001 | -0.8 |
| 2002 | 92.20 | 93.3 | 98.86 | 1.39 | 1995-2003 | -0.4 |
| 2003 | 86.71 | 87.1 | 99.57 | 0.72 | 2001-2003 | 1.1 |
| 1987-2003 | 0.8 | |||||
Sources: Data for output, labor, and intermediate inputs were obtained from BEA Industry Accounts at: http://www.bea.gov/bea/dn2/gdpbyind_data.htm. Accounts at: http://www.bea.gov/bea/dn/FA2004/Details/Index.html. The BTS calculations are described in the text. Data for fixed assets, from Fixed Assets