Figure 7 - Investment in transportation infrastructure as percentage of GDP by mode, excluding highway: 1987-2003

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Sources: BTS calculations based on data from U.S. Department of Commerce, Bureau of Economic Analysis (...

Figure 2 - Growth in transportation investment by type of asset and U.S. GDP: 1988-2003

(Annual growth in percent)

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Figure 10 - Growth of investment in rolling stock by sector compared with growth in GDP, 1988-2003

(Annual growth in percent)

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Transportation Investment and GDP, Some Concepts, Data, and Analysis - 2005

Transportation Investment and GDP, Some Concepts, Data, and Analysis

Research at a Glance: Impacts of Productivity Changes on Profits, Prices, and Labor Compensation in Air Transportation: 1990-2001

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This research paper by Anthony D. Apostolides, Ph.D., examines the impact of productivity changes on industry profits, prices of air...

A Primer on Multifactor Productivity: Description, Benefits, and Uses

ANTHONY D. APOSTOLIDES, Ph.D. *

April 2008

This primer presents a description of multifactor productivity (MFP) and its calculation. Productivity is an important measure of the state of the...

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:

= Growth of MFP

= Growth of gross output

= Growth of labor...

TABLE 1 Data on Labor and Multifactor Productivity

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Appendix B. Methodology with the Tornqvist Index

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