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Definition: Capital-labour multifactor productivity (MFP)
Category: OECD terminology
Productivity measure that relates value added to primary (capital and labour) inputs. http://ec.europa.eu/eurostat/ramon/statmanuals/files/oecd_measuring_productivity_2001_en.pdf
Source:
Organization for Economic Cooperation and Development (OECD), "Measuring Productivity - OECD Manual: Measurement of Aggregate and Industry-Level Productivity Growth", Paris, 2001
Organization for Economic Cooperation and Development (OECD), "Measuring Productivity - OECD Manual: Measurement of Aggregate and Industry-Level Productivity Growth", Paris, 2001
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