Negative Value Added and the Measurement of Production Changes

Abstract

This paper discusses the meaning and measurement of negative value added both in real and money terms. Examples as to how it might occur are provided and methods of dealing with inconsistencies which arise because of it, will be outlined.

Citation

Silver, M.S. and Golder, P. (1981), "Negative Value Added and the Measurement of Production Changes", Journal of Economic Studies, Vol. 8 No. 1, pp. 3-15. https://doi.org/10.1108/eb002519