The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
If you are looking for statistical figures, go from the definition to the statistics page.
Multi-factor productivity based on value added
By definition, value added is output minus intermediate consumption. When applying value added calculation for assessing multi-factor productivity, the contributions of capital and labour are deducted from the change in value added, i.e. ?multifactor productivity?_(value added)=change in value added-(contributions of capital + labour)
Statistics using the definition
Validity of the definition
- Valid
Source organisation
- Tilastokeskus
Jaa