Performance measurement in an input-output framework

This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued at...

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Bibliographic Details
Published inJournal of economic structures Vol. 1; no. 1; pp. 1 - 5
Main Author ten Raa, Thijs
Format Journal Article
LanguageEnglish
Published Heidelberg Springer 17.04.2012
Springer Berlin Heidelberg
BioMed Central Ltd
Subjects
Business and Management
Economics
Economics and Finance
Engineering
environmental constraint
growth accounting
performance measurement
Statistics
terms of trade
growth accounting
environmental constraint
terms of trade
performance measurement
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Summary:This paper fruitfully combines two complementary theories: performance measurement and input-output analysis. Our point of departure is the theory of the consumer, who maximizes utility subject to a budget constraint. His well-being can be measured by the change in the consumption bundle, valued at constant prices. Input-output analysis is invoked to impute the change in this bundle to technical change, a terms-of-trade effect and two types of efficiency change. The analysis is extended to environmental economics.
ISSN:2193-2409
2193-2409
DOI:10.1186/2193-2409-1-2