Brandt, Nicola; Schreyer, Paul; Zipperer, Vera - Economics Department, Organisation de Coopération et … - 2013
Traditional measures of multi-factor productivity (MFP) growth generally do not recognise natural capital as inputs … into the production process. Since productivity growth is measured as the residual between output and input growth, it will … understanding of the role of natural capital for productivity measurement and as a source of economic growth. To this aim, aggregate …