Term:
Domar weights
Definition:
Domar weights are weights used to combine industry- level, gross output-based multi-factor productivity (KLEMS) to higher- level aggregates. Domar weights are special in that they do not normally add to one. This reflects the combined effects of integration and aggregation.
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
