Go to Statistics Portal

TOTAL FACTOR PRODUCTIVITY

Statistics Directorate    
Definition:
Total factor productivity is a synonym for Multi-factor productivity (MFP). The OECD productivity manual uses the MFP acronym to signal a certain modesty with respect to the capacity of capturing all factors’ contribution to output growth.

Source Publication:
OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary.

Cross References:
Multi-factor productivity (MFP)

Hyperlink:
http://www.oecd.org/dataoecd/59/29/2352458.pdf

Statistical Theme: National accounts

Created on Sunday, November 18, 2001

Last updated on Thursday, December 01, 2005