Diewert and Fox's Method of Value Added Growth Decomposition
Productivity Dynamics
Bilateral Price Indexes
Multilateral Price Indexes
Converting Level Values to Growth Values
Converting Growth Values to Level Values
Aggregation over Sectors with a Weighted Average Approach
Decomposing Value Added Growth into Explanatory Factors
Decomposing value added growth into explanatory factors. A cost constrained value added function is defined to specify the production frontier. Industry estimates can also be aggregated using a weighted average approach. Details about the methodology and data can be found in Diewert and Fox (2018) <doi:10.1093/oxfordhb/9780190226718.013.19> and Zeng, Parsons, Diewert and Fox (2018) <https://www.business.unsw.edu.au/research-site/centreforappliedeconomicresearch-site/Documents/emg2018-6_SZeng_EMG-Slides.pdf>.