Table 6
The median of Canada/U.S. partial and total factor productivity
measures for the manufacturing sector (1929) for 127 matched
industries
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Productivity measure | No price correction | Output price correction (Canadian weights) | Output price correction (U.S. weights) |
---|---|---|---|
percent | |||
RTVP | 77 | 75 | 74 |
TFP1 | 97 | 92 | 92 |
TFP2 | 97 | 93 | 93 |
TFP3 | 97 | 95 | 93 |
RVA | 81 | 74 | 79 |
TFP4 | 94 | 86 | 85 |
TFP5 | 91 | 89 | 87 |
TFP6 | 94 | 91 | 90 |
Notes:
RTVP = relative sales (production) per employed person. Employed persons is calculated as the sum of salaried personnel, production workers, piece-workers and proprietors.
TFP1 = total factor productivity based on sales, employment, materials, fuel expenditures and horsepower as a proxy for capital. Horsepower is defined as prime-mover = total horsepower minus electric motors using internally generated power.
TFP2 = total factor productivity based on sales, employment, materials and fuel expenditures combined, and horsepower relatives.
TFP3 = total factor productivity as in TFP2 except relative fuel expenditures are used in place of horsepower to proxy relative capital.
RVA = relative value-added per employed person where value-added is sales less materials and fuel expenditures.
TFP4 = total factor productivity using value-added, employment and horsepower as the capital proxy.
TFP5 = total factor productivity as in TFP4 but using fuel expenditures instead of horsepower as the capital proxy.
TFP6 = total factor productivity using value-added defined as sales less materials but not fuel, employment, fuel and horsepower as a proxy for capital.
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