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General

Legacy ID
201

Section 1: Introduction

Section 1: Introduction

In this study, there is an estimation of multifactor productivity and an assessment of changes in multifactor productivity (MFP) in the U.S. truck transportation sub-sector during the 1987-2003 period. The analysis is composed of four sections besides the...

Appendix G - Capital Input Index

Appendix G - Capital Input Index

Excel | CSV

Year Indexes (2000=100) Cost Shares (%) Structures and Equipment Index '(1) Land Index '(2) Structures and Equipment Cost Share '(3) Land Cost Share '(4) Combined Capital Input Index '(5...

Appendix D - Cost Shares of the Factor Inputs in Trucking

Appendix D - Cost Shares of the Factor Inputs in Trucking

(Basic Growth Accounting, Without Land)

Excel | CSV

Year Labor Weight: Share of labor costs in industry output '(1) Capital Weight (Residual) '(2) Weight of Intermediate Inputs '(3) Total...

Figure 2 - Production Possibilities Frontier

Figure 2 - Production Possibilities Frontier

Source: The production possibilities frontier is a widely known and used tool in economic courses. For example, see Dolan G. Edwin, 1983.

Section 4: Comparisons of Multifactor Productivity

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...

Appendix A - Basic Growth-Accounting Methodology

Appendix A - Basic Growth-Accounting Methodology

The empirical relationship used to estimate growth of multifactor productivity by the basic growth-accounting methodology is shown below:

Where:

  

...