Measuring partial and total factor productivity of the country's economic sectors

Due to the importance of productivity index in the economy, in this article we will discuss the different approaches that are used to measure partial and total factor productivity.

In all economic and social organizations and systems, the concept of productivity is very important and is examined using different approaches. Without the goal of productivity, no business will find a suitable direction, and without measuring productivity, there will be no control over business. Measurement is the first step towards control and ultimately improvement. Productivity can be divided into two categories, partial and total factor productivity. Total factor productivity in the economy has a significant impact on increasing GDP growth.

According to the results obtained for the Malmquist index of the industrial sector in 2011, the productivity growth of total factor productivity has been desirable, but productivity in the mining sector has had the greatest decrease. The productivity growth of total factor productivity of the economy in 2011 is almost uniform.

Originality/Value: 

By using the real data of Iran in 2011 calculate partial and total factor productivity with different approaches.