Qualitative productivity analysis: does a non-financial measurement model exist?

Author:

Teng Harold Siow Song

Abstract

Purpose – The purpose of this paper is to highlight the fact that a common universal qualitative model of measurement is lacking in global productivity analysis. International quantitative comparisons of country macro-level measurements of productivity have been available in the world for decades. However, there has been no consensus on what exactly constitute the indicators and measures of productivity with a focus on quality. Design/methodology/approach – Through literature review and analysis, a new conceptual qualitative productivity measurement model is being suggested. This model could become the basis for future research undertakings in productivity studies. Findings – This paper finds that there are differences in the definitions of what constitute productivity at the global level and what measurements could be considered to make productivity studies more quantitative as well as qualitative at the same time. Originality/value – This paper aims to bring about further discussions for a general agreement on what factors constitute a more well-balanced qualitative as well as quantitative productivity measurement model.

Publisher

Emerald

Subject

Strategy and Management,General Business, Management and Accounting

Reference7 articles.

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2. Bureau of Labor Statistics, United States Department of Labor (2013), available at: www.bls.gov/lpc/

3. Craig, C.E. and Harris, R.C. (1973), “Total productivity measurement at the firm level”, Sloan Management Review , Vol. 14 No. 3, pp. 13-29.

4. Economic Cooperation and Development (OECD) (2001), Measurement of Aggregate and Industry-Level Productivity Growth , available at: www.oecd.org/std/productivitystatistics/2352458.pdf (accessed 7 December 2012).

5. Economic Cooperation and Development (OECD) (2008), “OECD compendium of productivity indicators 2008”, available at: www.oecd.org/std/productivitystatistics/oecdcompendiumofproductivityindicators.htm (accessed 8 February 2013).

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