Table 5 Comparison of Annual Growth Rates of Truck MFP

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Table 4 Multifactor Productivity in Trucking

(Tornqvist methodology with land input)

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Table 3 Multifactor Productivity in Trucking

(Tornqvist methodology, without land input)

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Table 2 Growth of Output, Inputs, and Mulitfactor Productivity in Trucking

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Table 1 Growth of Output, Inputs, and Multifactor Productivity in Trucking

Percentage rates of change

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Section 6: Conclusions

This study estimates MFP in truck transportation, over 1987-2003; compares truck MFP to that of other transportation industries and the U.S. private business sector; and assesses the factors that affected changes in truck MFP over time.

With regard to estimation...

Section 5: Factors Affecting Multifactor Productivity in Trucking

Technology is the recipe, the know-how, that is used by producers in different industries in order to produce a product or deliver a service. The technology utilized should...

Section 4: Comparisons of Multifactor Productivity

Data are available that make it possible to carry out comparisons between MFP in trucking and MFP of other transportation industries as well as of the U.S. private business sector. Such a comparison provides a broader perspective into the...

Section 3: Estimating Multifactor Productivity in Truck Transportation, 1987-2003

This analysis utilizes two versions of the growth-accounting methodology to calculate multifactor productivity (MFP) in the trucking industry in the United States. The initial methodology used...

Section 2: Trucking Industry Background and Structure

Firms in the truck transportation industry provide a link between manufacturers and consumers. Businesses, and occasionally individuals, contract with trucking companies to pick up...