Term:
Capital-labour multi-factor productivity (MFP)
Definition:
Capital-labour multi-factor productivity (MFP) is a productivity measure that relates value-added to primary (capital and labour) inputs
Domain:
Economics & National Accounts
Source:
OECD Productivity Manual: A Guide to the Measurement of Industry-Level and Aggregate Productivity Growth, OECD, Paris, March 2001, Annex 1 – Glossary
