Measuring Productivity in Real Terms: A Suggested Unified Accounting System‐based Model for Egyptian Industry

Each manufacturing public enterprise (MPE) in Egypt is required to provide a limited set of labour productivity indicators as a part of its annual financial and performance reports submitted to its own Public Authority (PA). Through these indicators are used in several Government reports, it is believed that they do not reflect the real productivity of the firm. Therefore this study was designed to provide an integrated, and easy to implement, model for measuring productivity in Egyptian industry in real terms. The model is utilizing the great wealth of information which is available within each MPE. This information is created according to the unified accountancy system (UAS) implemented in all MPEs in the country. Using USA as a base for the suggested model will ensure that the contents of each term and measure in the model are clear to the users. Otherwise any comparison will be meaningless.