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34 p, 212.8 KB Profits and productivity / Grifell i Tatjé, Emili (Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa) ; Lovell, C. A. Knox (University of New South Wales. Centre for Applied Economic Research)
In this study we consider the linkage between productivity change and profit change. We develop an analytical framework in which profit change between one period and the next is decomposed into three sources: (i) a productivity change effect (which includes a technical change effect and an operating efficiency effect), (ii) an activity effect (which includes a product mix effect, a resource mix effect and a scale effect), and (iii) a price effect. [...]
1999 - 10.1287/mnsc.45.9.1177
Management science, Vol. 45 Núm. 9 (September 1999) , p. 1177-1193  

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