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I have a time series set of data of workers in motor vehicle industry from 1972-2001 (in thousands) as well as average weekly hours of workers in motor vehicle industry and also motor vehicle output (in billions of dollars). I need to measure productivity, as either output/unit of labor or else output/hour, but I need to know how I should exactly compute this, if it is measured in dollars or? and how to calculate it for the best measure of productivity?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9311366

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