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| Definition: |
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The value added function indicates the maximum amount of current-price value-added that an establishment or industry can generate, given a set of prices for its output and for its intermediate inputs, and given a certain quantity of primary inputs.
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| Source
Publication: |
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OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary.
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| Statistical
Theme: National accounts |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Monday, November 19, 2001 |
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