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MULTI-FACTOR PRODUCTIVITY (MFP)

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French Equivalent: Productivité multifactorielle (PMF)

Definition:
Multi-factor productivity (MFP) relates a change in output to several types of inputs. MFP is often measured residually, as that change in output that cannot be accounted for by the change in combined inputs.

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:
Single-factor productivity
Total factor productivity

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

Statistical Theme: National accounts

Created on Tuesday, September 25, 2001

Last updated on Thursday, February 26, 2004