search query: @author Reardon, J. / total: 3
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| Author: | Reardon, J. Vida, I. |
| Title: | Measuring retail productivity: monetary vs physical input measures |
| Journal: | International Review of Retail, Distribution and Consumer Research
1998 : OCT, VOL. 8:4, p. 399-414 |
| Index terms: | RETAILING DISTRIBUTION PRODUCTIVITY |
| Language: | eng |
| Abstract: | The issue of productivity measurement has been extensively debated in the literature. However, no consensus on the proper measures of retail inputs has emerged. The purpose of this research was to examine the use of monetary versus physical measures of productivity inputs using Cobb-Douglas production functions. The results indicate that the elasticity estimates of monetary measures are empirically equal to physical measures of retail input. The findings further suggest that monetary measures are appropriate when market imperfections are controlled. |
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