विधियों की तुलना करें

	Total Factor Productivity	Growth Accounting
क्षेत्र	अर्थशास्त्र	अर्थशास्त्र
परिवार	Regression model	Regression model
उद्भव वर्ष	1957	1957
प्रवर्तक	Robert Solow; Caves, Christensen & Diewert	Robert Solow; Dale Jorgenson & Zvi Griliches
प्रकार	Productivity measurement via index numbers and production functions	Production-function-based decomposition of output growth
मौलिक स्रोत	Solow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39(3), 312–320.	Solow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39(3), 312–320.
उपनाम	TFP, Multifactor Productivity, MFP, Joint Factor Productivity	Sources of Growth Analysis, Solow Growth Accounting, Production Function Decomposition, Total Factor Productivity Accounting
संबंधित	4	3
सारांश	Total factor productivity (TFP), also called multifactor productivity, measures how much output an economic unit produces from a given bundle of all its inputs taken together — capital, labour, and often intermediate materials. It is the efficiency with which inputs are jointly transformed into output, and it captures everything that raises output without raising measured inputs: technology, organization, and the reallocation of resources. TFP is measured in two broad ways: the index-number approach, which forms the ratio of an aggregate output index to an aggregate input index using economically justified (superlative) weights, and the econometric production-function approach, which estimates the technology and recovers productivity as an unobserved term.	Growth accounting is a production-function-based framework that decomposes the growth rate of aggregate output into the contributions of growth in measured inputs — typically capital and labour — and a residual that captures the growth in total factor productivity (TFP). Building on Robert Solow's 1957 derivation and refined by Dale Jorgenson and Zvi Griliches in 1967, it weights each input's growth rate by its share of national income and attributes whatever output growth is left unexplained to improvements in productivity, technology, and efficiency.