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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

General

Legacy ID
201

Appendix B - Methodology with the Tornqvist Index

Appendix B - Methodology with the Tornqvist Index

Multifactor productivity is the ratio of the output index to a weighted average of input indexes. A Tornqvist formula expresses the change in multifactor productivity as the difference between the rate of change in output and the...

Table 5 - Comparison of Annual Growth Rates of Truck MFP

Table 5 - Comparison of Annual Growth Rates of Truck MFP

Excel | CSV

  BTS Triplett and Bosworth Periods 1987 to 1995 1995 to 2001 1987 to 1995 1995 to 2001 MFP 2.03 -0.83 0.5 to 1.3 -0.2 to -0.5 Industry NAICS Trucking SIC...

Executive Summary

Executive Summary

Transportation investment consists of purchases of transportation fixed assets with a service life of more than one year and changes in inventories. Transportation fixed assets include transportation infrastructure, rolling stocks, and other equipment that are used in the...