Table 11
Explanation of changes in output prices by standard versus effective multifactor productivity growth measures

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Table 11
Explanation of changes in output prices by standard versus effective multifactor productivity growth measures
Table summary
This table displays the results of Explanation of changes in output prices by standard versus effective multifactor productivity growth measures Canada, United States , Australia, Japan and European Union (appearing as column headers).
  Canada United States Australia Japan European Union
Estimation of Equation 16Note 1  
Coefficient alpha 1 -0.78Note * -1.20Note * -1.20Note * -1.25Note * -0.90Note *
R squared 0.17 0.66 0.31 0.43 0.26
t-statistic -3.49 -9.78 -3.67 -6.38 -4.11
Number of observations 62 60 60 60 60
Estimation of Equation 17Note 2  
Coefficient beta 1 -0.95Note * -1.13Note * -1.21Note * -1.09Note * -0.77Note *
R squared 0.32 0.74 0.33 0.46 0.25
t-statistic -5.29 -12.31 -4.07 -6.77 -4.07
Number of observations 62 62 62 60 62
Note *

significantly different from reference category (p<0.05)

Return to note * referrer

Note 1.

Equation for standard multifactor productivity growth.

Return to note 1 referrer

Note 2.

Equation for effective multifactor productivity growth.

Return to note 2 referrer

Note: Authors' tabulation based on data from the sources below.
Source: World Input-Output Database; and EU KLEMS productivity database.
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