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Performance measurement in an input-output framework
Ten Raa,T.
Ten Raa,T.
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Abstract
This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued at constant prices. Input-output analysis is invoked to impute the change in this bundle to technical change, a terms-of-trade effect and two types of efficiency change. The analysis is extended to environmental economics.
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Date
2012
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ten_raa_2012.pdf
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Keywords
SDG 8 - Decent Work and Economic Growth, SDG 15 - Life on Land
Citation
Ten Raa, T 2012, 'Performance measurement in an input-output framework', Journal of Economic Structures, vol. 1, no. 2. < http://www.journalofeconomicstructures.com/content/1/1/2 >
