Appendix 1: Explaining Real Income Growth — The Translog Approach
Cite this article as:
Diewert, Erwin, and Emily Yu. 2012. “Appendix 1: Explaining Real Income Growth — The Translog Approach.” International Productivity Monitor, No. 24 (Fall 2012): 42–53. https://www.csls.ca/ipm-archive/ipm-issue-24/appendix-1-explaining-real-income-growth-the-translog-approach/
Abstract
Methodology appendix to IPM-24-2 presenting the production theory framework and translog approach used to decompose Canadian business sector real income growth, including the GDP function, output price indexes, and the treatment of exports, imports, and primary inputs in the Diewert-Morrison-Kohli methodology.