Capital Input Cost

Bert M. Balk

doi:10.1007/978-3-030-75448-8_3

Capital Input Cost

Bert M. Balk^*

^*Corresponding author for this work

Department of Technology and Operations Management

Research output: Chapter/Conference proceeding › Chapter › Academic

Abstract

Unlike labour productivity change, the measurement of total factor productivity change (or difference) crucially depends on the measurement and decomposition of capital input cost. This chapter discusses in detail the basics of its measurement and shows that one can dispense with the usual neo-classical assumptions. Various models are reviewed, as well as the role played by the ‘rate of return’.

Original language	English
Title of host publication	Contributions to Economics
Publisher	Springer Science+Business Media
Chapter	3
Pages	65-92
Number of pages	28
DOIs	https://doi.org/10.1007/978-3-030-75448-8_3
Publication status	Published - 22 Apr 2021

Publication series

Series	Contributions to Economics
ISSN	1431-1933

Bibliographical note

Publisher Copyright:
© 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.

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10.1007/978-3-030-75448-8_3

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Capital Input Cost

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