An Analysis of Total Factor Productivity with an Application to Australian National
Research Report 68
0 644 13864 5
This Report has two main goals. The first is to present the theoretical aspects of productivity measurement and its interpretation with particular emphasis on its role as a performance measure. The second is to provide, within the context of performance appraisal, an empirical analysis of productivity growth in the Australian National Railways Commission over the period 1979–80 to 1987–88.
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