TITLE:
An Online Productivity Measuring and Analyzing System: Proof-of-Concept
AUTHORS:
Bassim Shebeb
KEYWORDS:
Economic Growth, Multifactor Productivity, Labor Productivity, Proof-of-Concept, Online Productivity Measurement System
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.8 No.8,
August
30,
2018
ABSTRACT: The
principle aim of this applied research is to design and build up an
Online Productivity Measuring and Analyzing System (OPMAS):
Proof-of-Concept1 to
measure and analyze the economic growth and its major sources; the multifactor
productivity and factor-intensity at the firm, sub-industry (ISC 2-digit), and
industry levels. Special features of this applied research are the
instantaneous productivity measuring and analyzing. In addition, it is
developing an educational and training HUB for productivity awareness and
improvements for both researchers and organizations. Thus, the HUB comes with a
prompt measuring tools/models (OPMAS) of the economic performance; the
multifactor productivity and singly-factor productivity growth of a firm using
its one-year loss/profit statement or/and time series data. Besides to the hub’s
prompt measuring of productivity, the firm will also be provided with an
instant-reporting about its economic performance in-compression to its related
industry at two different levels (2-digit and i-digit ISC). For example, a firm
operating within Food and Beverages manufacturing industry, it will be compared
with the performances of the Food and Beverages manufacturing industry 2-digit
ISC and with the performance of the overall Manufacturing Industry, D-ISC. Furthermore,
a simulation model (Productivity Analytics) for investigating the impact of
various policies on the firm’s economic performance could be proposed. The
policies which they could be analyzed including environmental regulations,
import and export taxes, and the provision of infrastructure.